Mortgage Rate Rally Already Running Out of Steam?
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?
Mortgage Rates Are Lower Today, But Should They Be?
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?
Rhode Island Using State Deposits to Help First-Time Home Buyers Get 3.99% Mortgage Rates
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
Mortgage Rates Back Above 6.50% as Oil Worries Mount
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
How Do Buy Now, Pay Later Loans Affect Mortgage Eligibility?
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?
Now You Can Choose FICO or VantageScore for Your Next Mortgage Approval
Mortgage applicants can now qualify for a home loan with VantageScore. For years, the industry has relied solely upon FICO scores to determine pricing and… Read More »Now You Can Choose FICO or VantageScore for Your Next Mortgage Approval
Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear
It’s looking like mortgage rates are headed back up again after a nice reprieve in early April. We all know they had a terrible March… Read More »Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear
What’s Going to Move Mortgage Rates Again?
It’s been an eerily quiet week or so for mortgage rates. Almost too quiet, as if you think something’s lurking around the corner. After a… Read More »What’s Going to Move Mortgage Rates Again?
Where Would Mortgage Rates Be Without War in Iran?
Mortgage rates have had a pretty good April, all things considered. They’ve come down about 30 basis points (0.30%) over the past month, despite the… Read More »Where Would Mortgage Rates Be Without War in Iran?
Lenders Will Now Pay You to Give Up Your Low Rate Mortgage
Folks have been debating so-called “mortgage rate lock-in” for years now. It’s also known as the golden handcuffs of an ultra-low interest rate that make… Read More »Lenders Will Now Pay You to Give Up Your Low Rate Mortgage