Well that didn’t take long… We’re only 20 days into the New Year and mortgage rates have already completed a nice little round trip. Less… Read More »Mortgage Rates Snap Back to Levels Seen Before MBS Purchase Program
Lately, I’ve seen countless posts on social media from homeowners complaining that their escrow account is short. And that their monthly housing payments will need… Read More »How to Cancel Your Escrow Account
Everything has been coming up roses for mortgage rates in 2026, but that could soon change if the Greenland situation spirals out of control. At… Read More »The Greenland Situation Could Push Mortgage Rates Higher
At last glance, the 30-year fixed was back in the 6% range, rising from a brief spell in the 5s after news broke that Fannie… Read More »Mortgage Rates Remain Near Three-Lows Despite Being Back in the 6s
The new Bilt cards have finally been unveiled, and while there are a lot of details, I’m going to focus on the mortgage piece. There… Read More »New Bilt Credit Cards Require Lots of Spending to Earn Points on Mortgage Payments
By now you’ve likely heard of mortgage rate lock-in. It’s the theory that homeowners won’t move if they have mortgage rates well below prevailing market… Read More »Mortgage Rate Lock-In Is Still Alive and Well Despite Some Improvement
A major mortgage lender has announced it will allow crypto to be used for mortgage approvals, without the need for liquidation. This has been a… Read More »Newrez to Allow Crypto for Mortgage Approvals Without Liquidation
One of the key ways to track mortgage rates is to look at the 10-year bond yield. It acts as a bellwether for 30-year fixed… Read More »The Main Reason Mortgage Rates Are So Much Lower Than They Were a Year Ago
I wanted to wait until today to weigh in on the new plan for Fannie Mae and Freddie Mac to purchase MBS to see where… Read More »Mortgage Rates Drop Into the 5s After Trump’s Order to Buy MBS
Lately, a lot of mortgage rate quotes have required points to be paid. Known as discount points, they are a form of prepaid interest due… Read More »Decision to Buy Down Mortgage Comes Down to Future Mortgage Rates
