Are High Mortgage Rates Here to Stay?
Today was a rough day for mortgage rates as the market digested the Fed’s latest outlook, which confirmed its inflation fight is far from over.… Read More »Are High Mortgage Rates Here to Stay?
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. 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!
Roam Assumable Mortgage Platform Allows Home Buyers to Snag Mortgage Rates as Low as 2%
A new startup called “Roam” has launched a service to make assuming a mortgage painless. The company is backed by some prominent real estate figures,… Read More »Roam Assumable Mortgage Platform Allows Home Buyers to Snag Mortgage Rates as Low as 2%
The Silver Lining of High Mortgage Rates
I don’t think it would be much of a stretch to assume nobody likes high mortgage rates. They make it more difficult for prospective home… Read More »The Silver Lining of High Mortgage Rates
One Really Simple Way to Offset a Higher Mortgage Rate
We all know mortgage interest rates have increased tremendously. While there were periods of relief here and there, the trajectory since early 2022 has been… Read More »One Really Simple Way to Offset a Higher Mortgage Rate
Shark Tank’s Kevin O’Leary Predicts 8% Mortgage Rates
A week ago, it seemed like we were on the fast track to 8% mortgage rates. But then something spectacular happened, nearly a week’s worth… Read More »Shark Tank’s Kevin O’Leary Predicts 8% Mortgage Rates
Why Are Lower Job Openings Good for Mortgage Rates?
This morning, the Job Openings and Labor Turnover Survey (JOLTS report) was released by the Labor Department. It revealed that the labor market wasn’t running… Read More »Why Are Lower Job Openings Good for Mortgage Rates?
What Will It Take for Mortgage Rates to Fall Again?
It’s been a rough month or so for mortgage rates. If we zoom out even further, it’s been a horrendous 18 months, with the 30-year… Read More »What Will It Take for Mortgage Rates to Fall Again?
Why Are Mortgage Rates Still Going Up If the Fed Is Done Hiking?
While Fed rate hike forecasts indicate the worst is behind us, mortgage rates are still going up. In fact, they hit a new 52-week high… Read More »Why Are Mortgage Rates Still Going Up If the Fed Is Done Hiking?
Options Other Than Refinancing Your Mortgage
With 30-year mortgage rates now above 7%, a refinance likely isn’t in the cards for most homeowners. In fact, the total number of refinance candidates… Read More »Options Other Than Refinancing Your Mortgage
Why Are Mortgage Rates So High?
At last glance, the 30-year fixed mortgage was back above 7%, depending on the data source. Prior to late July and early August, the popular… Read More »Why Are Mortgage Rates So High?