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?
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. The rate you get today could be yours for the next 30 years.
In other words, shop wisely so you get a lower one! And don’t worry, I’ve got you covered with lots of actionable tips and tricks to accomplish that.
Start off by reading my primer on how mortgage rates are determined.
Then check out some of my popular mortgage rate posts, such as how to track mortgage rates. And do mortgage rates change daily.
Before long, you’ll be an expert yourself! That could eventually help you negotiate your mortgage rate once it’s showtime!
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?
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?
You’ve probably heard that maintaining an excellent credit score is very important when it comes to getting a mortgage. Not only will it help ensure… Read More »Your Credit Score Alone Can Make or Break Your HELOC Rate
Now that interest rates have resumed their upward climb, do we have to worry about 8% mortgage rates next? Back in July, I questioned if… Read More »Watch Out for 8% Mortgage Rates
Today we’re going to talk about a “temporary buydown,” the latest effort by the mortgage industry to provide much-needed payment relief to borrowers. In recent… Read More »The Temporary Buydown: How to Get a Lower Rate the First Couple Years on Your Mortgage
Might 2023 be good to mortgage rates? If you believe the latest Housing Forecast from Fannie Mae, then yes. Most everyone knows 2022 has wreaked… Read More »4.5% Mortgage Rates in 2023? That’s the Latest Estimate from Fannie Mae
With mortgage rates nearly double what they used to be, you might wonder if an alternative product like a “50-year mortgage” could improve affordability. Yes,… Read More »Could a 50-Year Fixed Mortgage Finally Solve the Affordability Crisis?
With all the seesaw movement in the first eight months of 2022, I wanted to throw out some mortgage rate predictions for the rest of… Read More »Mortgage Rate Predictions for the Rest of the Year (2022)
It seems mortgage rates can’t catch a break in 2022, despite a few pullbacks here and there. However, those moments are often short-lived, and met… Read More »Will Mortgage Rates Hit 7% Next?
Because mortgage rates have more than doubled lately, interest in adjustable-rate mortgages has taken off. The popular 30-year fixed, which was priced as low as… Read More »An Easy Way to Save Even More Money with an Adjustable Rate Mortgage