Mortgage Rates
Everything you’ve ever wanted to know about mortgage rates. And even more than that…Mortgage Rates Are Lower Than They Were a Year Ago
Can I rant about mortgage rates for a minute? I just can’t help myself. First things first, current mortgage rates are actually lower today than they were a year ago. Let’s make that clear. This is true despite the headlines ... Read More »
2018 Mortgage Rate Forecast: Overall It’s Looking Pretty Good
It’s that time of the year again, when we take a look at what’s in store for mortgage rates the following year. So without further ado, here is the “2018 mortgage rate forecast” from a variety of different housing and ... Read More »
Would You Rather Have a Low Mortgage Rate or Pay a Lower Price for a Home?
My friend asked me the other day if I’d rather have a low mortgage rate or pay a lower price for a home. I paused briefly, then said I’d rather pay less for the home. My thought process was basically ... Read More »
President-Elect Trump vs. Mortgage Rates
You may have already read the headlines. Things like Trump-fueled Treasury surge and the so-called Trump Effect, all driving mortgage rates higher. And it’s not just fodder, it’s true. Since the election results came in last Tuesday night, mortgage rates ... Read More »
21 Things That Can Drive Your Mortgage Rate Higher
Wondering why you didn’t receive the low mortgage rate you saw advertised on TV? Well, there are a ton of reasons why the quote you obtained was higher. Let’s explore a lot of them. 1. Low credit score This is ... Read More »
The Fed Non-Taper Doesn’t Really Save Homeowners That Much Money
It’s been about two weeks since the Fed decided to keep its mortgage purchases going strong, an initiative implemented to keep downward pressure on interest rates. So how meaningful has the decision to keep things unchanged been for mortgage rates? ... Read More »
Zillow: Credit Score Single Most Important Factor for Mortgage Rates
This morning, Zillow, the company behind the love it or hate it Zestimate, released a new study that analyzed the impact credit scores have on mortgage rates and corresponding payments. The company used data from 13 million loan quotes and ... Read More »
Is the ‘No Taper’ Good or Bad for Mortgage Rates and the Housing Market?
Yesterday, many declared “victory” when the Fed decided not to taper its monthly purchases of mortgage-backed securities and longer-term Treasuries. Put simply, most assumed the Fed would announce some level of tapering, such as reducing their $40 billion in monthly ... Read More »
Mortgage Rate History: Check Out These Charts from the Early 1900s
Today we’ll take a brief look at some mortgage rate history to gain a little context. It’s always helpful to know what came before so you can better guess what might come after. Just about everyone knows that mortgage rates ... Read More »
Freddie Chief Economist ‘Pretty Certain’ 30-Year Fixed Mortgage Rates Will Hit 5% by Mid-2014
During the latest radio interview with Real Estate Today Radio, Freddie Mac Vice President and Chief Economist Frank Nothaft weighed in on the direction of mortgage rates, as he normally does for his own company. While he typically speaks about ... Read More »
