Mortgage Rates
Everything you’ve ever wanted to know about mortgage rates.The Fed Minutes and Mortgage Rates
Just a few short hours ago, the Federal Reserve released the hotly anticipated FOMC “minutes” from its two-day meeting that took place back on April 30th and May 1st. The contents weren’t all that exciting, though they seemed to be ... Read More »
Is the Real Estate Market About to Be Tested?
For months I’ve been talking about how it has become a seller’s market, what with the super low inventory and unbeatable mortgage rates. Factor in the sizable reduction in short sales and foreclosed properties, along with strong investor demand, and ... Read More »
How Long Do You Plan to Keep Your Mortgage?
The mortgage landscape has changed a ton over the past several years. Mortgage lending guidelines have firmed tremendously since the crisis took hold, and mortgage rates have fallen to all-time lows. Meanwhile, home prices seem to have bottomed, and decent ... Read More »
Warren Buffett: Now Is the Time to Get a Mortgage
There are plenty of so-called experts and gurus out there with all types of advice on what you should do with your money, but perhaps the most celebrated is Warren Buffett, known affectionately as the “Oracle of Omaha.” On Saturday, ... Read More »
Five Reasons Home Prices Are Rising Like Crazy
If you’ve listened to the news lately, you’ve probably heard that home prices are on the mend, big time. The latest piece of good news comes courtesy of S&P Dow Jones Indices, which released its S&P/Case-Shiller Home Price Indices report ... Read More »
Will Higher Mortgage Rates Cripple the Real Estate Market?
Everyone seems to be thoroughly enjoying the low mortgage rate environment that has been in effect for a couple of years now. Those with existing mortgages likely already refinanced to a lower rate, while those looking to dip their toes ... Read More »
Mortgage Rates vs. Unemployment
When it comes to making or saving money, everyone wants to be able to predict the future. After all, if you know what’s coming next, there are plenty of great ways to capitalize. For homeowners, good timing or a penchant ... Read More »
Study Claims Mortgage Default Risk Lower on Energy Efficient Homes
Do you live in a “green” house? If so, you might be a better mortgage borrower, whether you realize it or not. A new study released today by the University of North Carolina at Chapel Hill (UNC) Center for Community ... Read More »
Median 30-Year Mortgage Rates Over the Past 42 Years
Everyone knows mortgage rates are low. But just how low are they compared to historical averages, or should I say, medians? Well, fortunately John Burns of John Burns Consulting did the math for us in a recent newsletter. Currently, 30-year ... Read More »
One Reason Mortgage Rates Will Rise This Year
There’s been plenty of speculation about the direction of mortgage rates this year, with most predicting an upward trajectory. After all, with rates so low, it’s pretty much a no-brainer to expect a rise to spare looking silly. It also ... Read More »
