Why Are Mortgage Rates Different?
Mortgage rate Q&A: “Why are mortgage rates different?” Why is the sky blue? Why are clouds white? Why won’t your neighbor trim their tree branches?… Read More »Why Are Mortgage Rates Different?
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.
Mortgage rate Q&A: “Why are mortgage rates different?” Why is the sky blue? Why are clouds white? Why won’t your neighbor trim their tree branches?… Read More »Why Are Mortgage Rates Different?
You’ve heard it a million times, but I’ll say it again. It pays to shop around for your mortgage. Freddie Mac told us a while… Read More »CFPB: Choosing a Cheaper Mortgage Lender Could Save You $100 a Month
If you haven’t heard, the 30-year fixed has once again surpassed 7%, at least by some accounts. After settling in around 6.5% in early May,… Read More »Why Are Mortgage Rate Spreads So High Right Now?
Those looking to buy a home, along with existing owners, may have come across the term “mortgage rate lock-in effect” lately. It’s a relatively new… Read More »What Is the Mortgage Rate Lock-In Effect?
Mortgage rates aren’t so low these days. In fact, they’ve basically doubled since early 2022. While this clearly isn’t great news for aspiring home buyers… Read More »Temporary vs. Permanent Mortgage Buydowns: Which to Choose and Why
Those new mortgage fees you’ve probably heard about are causing quite a stir. So much so that Pennsylvania State Treasurer Stacy Garrity sent a letter… Read More »27 States Oppose New Fannie/Freddie Mortgage Fees That Appear to Punish High FICO Score Borrowers
A new analysis from Zillow revealed that nearly half of mortgage applicants opted to pay points when taking out a home loan last year. These… Read More »Nearly Half of Home Loan Applicants Paid Mortgage Points in 2022
In its latest housing forecast, Fannie Mae has become much more optimistic with regard to mortgage rates. We’re talking 30-year fixed rates nearly 0.75% lower… Read More »Fannie Mae Is Predicting Much Lower Mortgage Rates by Year End
It’s time to talk mortgage rate shopping, which has become an absolute must in 2023. Simply put, you’ve got to be more proactive to get… Read More »Mortgage Rate Shopping: 10 Quick Tips to Score a Better Deal on Your Home Loan
A new survey from John Burns Research & Consulting found that 5.5% is the “magic mortgage rate.” By magic, they mean the threshold for a… Read More »We Need 5.5% Mortgage Rates (or Lower) to Attract Home Buyers