Why Did Mortgage Rates Plunge This Week?
If you’ve been keeping track lately, you might be wondering why mortgage rates plunged this week. Last week was a totally different story, with a… Read More »Why Did Mortgage Rates Plunge This Week?
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!
How to Supercharge the Savings of a Mortgage Rate Buydown
These days, a lot of home buyers are using mortgage rate buydowns to make the deal work. They are particularly prevalent on new home purchases,… Read More »How to Supercharge the Savings of a Mortgage Rate Buydown
What Are Caps on Adjustable-Rate Mortgages?
The other day I wrote about how adjustable-rate mortgages might soon make a comeback, given how high fixed mortgage rates have become. Now that the… Read More »What Are Caps on Adjustable-Rate Mortgages?
Are Adjustable-Rate Mortgages Finally a Good Deal?
If you visit most bank/lender websites and navigate to their home loans section, you’ll likely only see fixed-rate mortgages advertised. This made perfect sense over… Read More »Are Adjustable-Rate Mortgages Finally a Good Deal?
Mortgage Rates and Home Prices Can Fall Together
If you don’t believe mortgage rates and home prices can fall together, just look at what home prices have done in the face of 7%… Read More »Mortgage Rates and Home Prices Can Fall Together
What Happens to Mortgage Rates During a Government Shutdown?
It’s looking more likely that there will be a government shutdown beginning October 1st, which begs the question, what happens to mortgage rates? Do they… Read More »What Happens to Mortgage Rates During a Government Shutdown?
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?
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