Mortgage Rates Can’t Shake 7%
As hard as they try, mortgage rates keep hovering around the 7% level. It appears any time progress is made, they climb right back to… Read More »Mortgage Rates Can’t Shake 7%
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!
Mortgage Rates Will Be Stuck for Longer If Tariffs Keep Getting Pushed Back
Lately, the best single word to sum up mortgage rates has been “stuck.” Ever since early April when they jumped higher as the trade war… Read More »Mortgage Rates Will Be Stuck for Longer If Tariffs Keep Getting Pushed Back
High Mortgage Rates Are Delaying Home Purchases
This morning, the National Association of Realtors (NAR) reported that pending home sales dropped 6.3% in April from a month earlier. They were also 2.5%… Read More »High Mortgage Rates Are Delaying Home Purchases
Redfin Expects Flat Mortgage Rates, Falling Home Prices for Remainder of 2025
A few months ago, Redfin proclaimed that a buyer’s market had finally arrived. It was the first time home sellers didn’t have the upper hand… Read More »Redfin Expects Flat Mortgage Rates, Falling Home Prices for Remainder of 2025
Pulte Asks Powell to Lower Interest Rates, But Would Mortgage Rates Actually Go Down?
Fed chair Jerome Powell has had no shortage of critics, not least being President Donald Trump. A month ago, there were even rumblings of Trump… Read More »Pulte Asks Powell to Lower Interest Rates, But Would Mortgage Rates Actually Go Down?
Is the Magic Number for Mortgage Rates Now Anything Close to 6%?
One silver lining to elevated mortgage rates, other than the refinance opportunity later, has been a shifting psychology. A few years ago, I wrote that… Read More »Is the Magic Number for Mortgage Rates Now Anything Close to 6%?
7% Mortgage Rates Are Back Again Despite Lower Inflation and Tariff Relief
Why are mortgage rates approaching 7% again if inflation is cooling and the trade war has softened? You would think interest rates would be coming… Read More »7% Mortgage Rates Are Back Again Despite Lower Inflation and Tariff Relief
This Might Be as Good as Mortgage Rates Get Until Late 2025
I got to thinking lately that mortgage rates are probably as good as they’re going to be for the foreseeable future. And by that, I… Read More »This Might Be as Good as Mortgage Rates Get Until Late 2025
Don’t Expect Fed Meeting to Bring Lower Mortgage Rates
While it’s been said countless times, it bears repeating: the Fed doesn’t set mortgage rates. The Fed simply sets short-term interest rates, driven by its… Read More »Don’t Expect Fed Meeting to Bring Lower Mortgage Rates
For Mortgage Rates, It’s One Step Forward, Two Steps Back
It’s been a pretty solid week or two for mortgage rates. The 30-year fixed, which unexpectedly breached the key 7% psychological threshold in mid-April, is… Read More »For Mortgage Rates, It’s One Step Forward, Two Steps Back