If you thought 8% mortgage rates were bad, what about 9% mortgage rates? What was once unthinkable is now not so hard to believe, with… Read More »Is It Time to Start Talking About 9% 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.
One of the things prospective home buyers and existing homeowners seem to care most about is mortgage rates. And for good reason – the interest… Read More »An 8% Mortgage Rate?! Use These Mortgage Charts to Easily Compare Monthly Payments Fast
On a day when mortgage rates are officially close to hitting 8%, I decided to write a post about why they might be a lot… Read More »8% Mortgage Rates Look Imminent, But Could That Be Their Peak?
It’s time to talk about assumable mortgages. Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the low 3%… Read More »Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher
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?
If you’ve got a home equity line of credit (HELOC), you’ve likely seen your interest rate rise significantly over the past year and change. The… Read More »Why Your HELOC Might Be Cheaper as Soon as Next May
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
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?
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?
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