Last week, I argued that mortgage rates remain in a downward trend, despite some pullback lately. The 30-year fixed had almost been sub-6% when the… Read More »A Temporary Buydown Could Make Sense While Mortgage Rates Continue to Fall
It’s not quite Halloween just yet, but home buyers may have already gotten a good scare. The 30-year fixed mortgage, for which most buyers rely… Read More »Is This Mortgage Rate Scare Going to Get Home Buyers Off the Fence?
Over the past several years, we’ve been entirely focused on high mortgage rates. The 30-year fixed surged from sub-3% levels to around 8% in the… Read More »Are Mortgage Rates Just a Distraction for High Home Prices?
In the mortgage rate world, it’s sometimes a game of inches. This can be true for both prospective home buyers and existing homeowners looking for… Read More »Five Million Refinances Hinge on Mortgage Rates Falling Back to 5.5%
Did those higher mortgage rates ruin your plans to refinance your mortgage? Well, there might be a temporary solution to save some money while you… Read More »If You Can’t Refinance, You Can Make Larger Mortgage Payments Each Month Instead
Ever since the Fed announced their 50-basis point cut, mortgage rates have been climbing higher. In fact, they’re basically 50 bps higher since the Fed… Read More »Mortgage Rates Don’t Move in a Straight Line Up or Down
Recently, Zillow began airing a commercial called “Homeowner Mates.” It depicts three women moving into a home together. It shows their individual “BuyAbility” followed by… Read More »Don’t Buy a Home with Friends
When mortgage rates surged off their record lows in early 2022, the housing market ground to a halt. In the span of less than 10… Read More »Maybe Homeowners Are Struggling with Mortgage Loan Amount Lock-In
Over the past several years, mortgage lenders have been offering “early bird” conforming loan limits for the upcoming year. This allows them to make bigger… Read More »Did Mortgage Lenders Raise Their Early Bird 2025 Conforming Loan Limits Too High?
Even though mortgage rates have fallen quite a bit from their highs seen a year ago, they remain quite elevated relative to much of the… Read More »Those Double-Digit Mortgage Rates from the 80s Required You to Pay Points Too!
