New Fed chair Kevin Warsh narrowly got confirmed via a 54-45 vote Wednesday, leading to what many hope will be lower mortgage rates, somehow, someway.… Read More »No, Kevin Warsh Isn’t Coming to Save Mortgage Rates
They say most home sellers are also home buyers. In other words, they aren’t just selling their property and disappearing into thin air. Nor are… Read More »Most Home Sellers Are Also Home Buyers: Why That’s a Problem Today
With fixed mortgage rates still quite high compared to recent years, and ARMs finally providing a decent discount, you might be starting to look beyond… Read More »An Adjustable-Rate Mortgage Strategy to Offset Risk
Welp, the month of May is fully in swing and mortgage rates are doing what they normally do; go up! Despite spring being peak home… Read More »Mortgage Rates Doing What They Do Best in May: Rise
You would think with oil remaining around $100 per barrel and yet another jobs report beat that we’d have higher mortgage rates. Instead, they’re continuing… Read More »Two Reasons Mortgage Rates Aren’t Rising Despite Hot Jobs and Expensive Oil
It appears the mortgage rate rally of the past couple days is running on fumes. I was skeptical of it to begin with, given it… Read More »Mortgage Rate Rally Already Running Out of Steam?
There was yet another twist in the ongoing conflict in the Middle East today. Renewed hope of a deal after President Trump said, “Great Progress… Read More »Mortgage Rates Are Lower Today, But Should They Be?
Here’s something creative I haven’t seen many try (other than the home builders) to close the affordability gap. The State of Rhode Island is using… Read More »Rhode Island Using State Deposits to Help First-Time Home Buyers Get 3.99% Mortgage Rates
And just like that, mortgage rates are back above 6.50% and could be heading even higher. I’ve been warning folks for a couple weeks now… Read More »Mortgage Rates Back Above 6.50% as Oil Worries Mount
Everyone knows Buy Now, Pay Later (BNPL) loans are pervasive at this point. Anytime you buy anything online, you’re given the option to pay it… Read More »How Do Buy Now, Pay Later Loans Affect Mortgage Eligibility?
