Mortgage Rates

Everything you’ve ever wanted to know about mortgage rates. And even more than that…

Do Mortgage Brokers Offer Better Rates Than the Competition?

Do Mortgage Brokers Offer Better Rates Than the Competition?
April 19, 2021 No Comments »

In your endless search to find the lowest mortgage rates on the planet, you may be wondering which route will lead to the biggest savings. Should you go to your local bank, try your luck with an online mortgage lender, ... Read More »

Are Mortgage Rates Going Down Again?

Are Mortgage Rates Going Down Again?
April 7, 2021 No Comments »

Just when you thought all hope was lost, mortgage rates appear to be going down again. It’s been a very tough start to 2021 with regard to mortgage rates, as the popular 30-year fixed climbed from around 2.75% to 3.35% ... Read More »

Higher Mortgage Rates May Exacerbate Already White-Hot Housing Market

Higher Mortgage Rates May Exacerbate Already White-Hot Housing Market
March 25, 2021 No Comments »

You’ve seen the headlines – mortgage rates have jumped from recent all-time lows. And they’re seemingly on an upward spiral that can’t be stopped. Except, they’ve actually seen some improvement over the past few days, thanks in part to the ... Read More »

21 Things That Can Drive Your Mortgage Rate Higher

21 Things That Can Drive Your Mortgage Rate Higher
March 24, 2021 No Comments »

Wondering why you didn’t receive the low mortgage rate you saw advertised on TV or the Internet? Well, there are a ton of reasons why the quote you obtained was higher than anticipated. Let’s explore a lot of them so ... Read More »

Why You May Want to Switch Mortgage Companies

Why You May Want to Switch Mortgage Companies
March 11, 2021 No Comments »

Loyalty? Not in the mortgage business. That is, if you actually want to save money on your home loan. A few years back, an HSBC survey revealed that 52% of U.S. homeowners “switched providers” (sorry, they’re British) when obtaining subsequent ... Read More »

Locking vs. Floating Your Mortgage Rate

Locking vs. Floating Your Mortgage Rate
March 10, 2021 No Comments »

To mortgage folk across the country, it’s an age-old question: “Lock or float?” It’s a question loan officers and mortgage brokers get asked on a daily basis, often over and over again by panicked borrowers and first-time home buyers. And ... Read More »

Why Does Everyone Want Us to Pay Down Our Mortgages?

Why Does Everyone Want Us to Pay Down Our Mortgages?
February 22, 2021 No Comments »

You may have come across one of those articles lately that talks about how a couple paid off their mortgage in five years. Or some other absurdly-fast timeline. While it also sounds super enticing and perhaps inspiring, it’s often just ... Read More »

Real Estate Is Red Hot Because Mortgage Payments Are Still Cheap

Real Estate Is Red Hot Because Mortgage Payments Are Still Cheap
February 3, 2021 No Comments »

If you’re scratching your head wondering why home prices continue to go up and up, consider the fact that it’s actually cheaper now than it was a year ago. It’s also less expensive to own a home today than it ... Read More »

When Are Mortgage Rates Lowest?

When Are Mortgage Rates Lowest?
January 26, 2021 No Comments »

We’re all looking for an angle, especially if it’ll save us some money. Whether it’s a stock market trend, a home price trend, or a mortgage rate trend, someone always claims to have unlocked the code. Unfortunately, it’s usually all ... Read More »

Don’t Freak Out About the Recent Mortgage Rate ‘Spike’

Don’t Freak Out About the Recent Mortgage Rate ‘Spike’
January 15, 2021 No Comments »

Queue the panic. Mortgage rates have officially spiked and the media is all over it. Yep, the average rate on a 30-year fixed mortgage increased from 2.65% to 2.79% this week, per Freddie Mac’s weekly survey. Freddie Mac Chief Economist ... Read More »