Today’s Homeowners Can’t Afford to Sell
The housing bears have ratcheted up their rhetoric lately, calling for an impeding crash. It’s not a crazy notion with home prices clearly unaffordable and… Read More »Today’s Homeowners Can’t Afford to Sell
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!
Why You Might Still See 5% Mortgage Rates
It’s been tough sledding for mortgage rates over the past month. They were actually on a roll to start off 2023, falling for the entire… Read More »Why You Might Still See 5% Mortgage Rates
Mortgage Rates vs. Home Prices: Is There Really an Inverse Relationship?
Mortgage Q&A: “Mortgage rates vs. home prices.” Today, we’ll look at the impact of home prices and mortgage rates on your decision to buy a… Read More »Mortgage Rates vs. Home Prices: Is There Really an Inverse Relationship?
Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
These days, mortgage rates aren’t as cheap as they used to be. And that is the understatement of the century. The 30-year fixed is currently… Read More »Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
Can Free and Clear Homeowners Save the Housing Market?
The housing market is in trouble. The latest blow being mortgage rates returning to 7%. But the ongoing issue has been a severe lack of… Read More »Can Free and Clear Homeowners Save the Housing Market?
Why Are Mortgage Rates Going Up Again?
It feels like déjà vu. Mortgage rates are going up again. What gives? I thought they peaked. Not so fast. The Fed warned us time… Read More »Why Are Mortgage Rates Going Up Again?
What Time of Year Are Mortgage Rates Lowest? Here’s What The Data Says
Mortgage Q&A: “What time of year are mortgage rates lowest?” We’re all looking for an angle, especially if it’ll save us some money. Whether it’s… Read More »What Time of Year Are Mortgage Rates Lowest? Here’s What The Data Says
There Is No Free Mortgage
You’ve heard the term “no free lunch.” Well, the same is true of home loans. There is no “free mortgage.” Sure, banks and lenders will… Read More »There Is No Free Mortgage
How the Fed Could Benefit from Lower Mortgage Rates
The Fed has played a major role in consumer mortgage rates over the past decade and change. Back in 2008, they began purchasing hundreds of… Read More »How the Fed Could Benefit from Lower Mortgage Rates
Why You May Want a 780+ FICO Score When Applying for a Mortgage
It used to be that a 720 FICO score was all you needed to ensure you qualified for the lowest rate on a mortgage. At… Read More »Why You May Want a 780+ FICO Score When Applying for a Mortgage