The Beauty of High Mortgage Rates
High mortgage rates are bad. They reduce affordability, lead to fewer home sales, and can cause lots of industry-related job losses. The year 2022 has… Read More »The Beauty of High Mortgage Rates
Mortgage Rates
Everything you’ve ever wanted to know about mortgage rates. And even more than that…quite possibly the most important aspect of the home loan process. After all, they stay with you for a long, long time.
How to Shop for a Mortgage
Mortgage basics: “How to shop for a mortgage.” Every now and then I focus on mortgage 101 because it seems the obvious stuff isn’t always… Read More »How to Shop for a Mortgage
Mortgage Rates vs. CPI: Less Inflation = Lower Rates
While it seemed mortgage rates just couldn’t catch a break, a positive CPI report has led to a huge rally. This is one of the… Read More »Mortgage Rates vs. CPI: Less Inflation = Lower Rates
When Will Mortgage Rates Go Back Down?
The million-dollar question: “When will mortgage rates go back down?” A lot of people have answers, but none of them are necessarily right. That makes… Read More »When Will Mortgage Rates Go Back Down?
How Mortgage Interest Works
A friend of mine asked me over the weekend how mortgage interest works? His coworker had posed a similar question to him, and he was… Read More »How Mortgage Interest Works
Who Cares What Mortgage Rates Were in the 1980s?
Month after month, and week after week, articles continue to focus on mortgage rates in the 1980s, to seemingly paint a picture that rates are… Read More »Who Cares What Mortgage Rates Were in the 1980s?
The Case for Sub-5% Mortgage Rates by 2023
While mortgage rates have a good chance of getting worse before they get better, hope might be on the horizon. The long and the short… Read More »The Case for Sub-5% Mortgage Rates by 2023
Buy a House Before Mortgage Rates Come Back Down?
There is a plausible scenario where mortgage rates continue higher for a short period and then eventually correct. Possibly as soon as next year. At… Read More »Buy a House Before Mortgage Rates Come Back Down?
Are Mortgage Rates Going to 8.5% Next?
The year 2022 has been absolutely dreadful with respect to mortgage rates. We’ve seen the popular 30-year fixed rise from sub-3% levels to around 7%… Read More »Are Mortgage Rates Going to 8.5% Next?
Marry the House, Date the Rate. What?
Lately, I’ve been seeing the old “marry the house, date the rate” adage thrown around a lot. The idea is relatively straightforward. You buy a… Read More »Marry the House, Date the Rate. What?