What the Heck Is Going on with Mortgage Rates?
There’s a lot going on right now with mortgage rates so I’m dedicating a very long post to it. First and foremost, mortgage rates are… Read More »What the Heck Is Going on with Mortgage Rates?
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!
Fannie Mae Now Expects Mortgage Rates to Be 30 Basis Points Lower By Year End
The latest mortgage rate forecast from Fannie Mae is a good one, assuming you’re a prospective home buyer or an existing homeowner. The government-sponsored enterprise… Read More »Fannie Mae Now Expects Mortgage Rates to Be 30 Basis Points Lower By Year End
Mortgage Rates Appear to Be Falling as Recession Fears Rise
As always, it’s been hard to determine the path forward for mortgage rates. They’re never easy to predict, but since the new administration took over,… Read More »Mortgage Rates Appear to Be Falling as Recession Fears Rise
Should I Wait for Mortgage Rates to Drop Before Buying a Home?
I’ve seen a lot of posts lately on social media talking about waiting for mortgage rates to drop before buying a home. Or conversely, NOT… Read More »Should I Wait for Mortgage Rates to Drop Before Buying a Home?
Mortgage Rates Could Go Up If Foreign Countries Dump Their MBS Holdings
File this one under unintended consequences of a global trade war. When you start a trade war, or at least threaten one, unexpected things can… Read More »Mortgage Rates Could Go Up If Foreign Countries Dump Their MBS Holdings
Where Would Mortgage Rates Be Today If Kamala Harris Won?
A couple weeks ago, I wrote about how mortgage rates hadn’t really done much since the U.S. presidential election took place. By not doing much,… Read More »Where Would Mortgage Rates Be Today If Kamala Harris Won?
If Mortgage Rates Don’t Move, They’ll Be Better in a Month
Lately, mortgage rates have been pretty flat. They enjoyed a nice string of six or seven weeks where they tumbled down from around 7.25% to… Read More »If Mortgage Rates Don’t Move, They’ll Be Better in a Month
Higher Mortgage Rates Mean Principal Repayment Has Slowed to a Crawl
I remember when I wrote my mortgage myths post, I pointed out that mortgages aren’t mostly interest. But I did so when mortgage rates were… Read More »Higher Mortgage Rates Mean Principal Repayment Has Slowed to a Crawl
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 for where we stand today. It’s always helpful to… Read More »Mortgage Rate History: Check Out These Charts from the Early 1900s
Can the Housing Market Stomach a Return to 7% Mortgage Rates?
Yesterday, I wrote about how the uncertainty surrounding tariffs was hurting mortgage rates. In short, the market doesn’t know what to make of the tariffs… Read More »Can the Housing Market Stomach a Return to 7% Mortgage Rates?