Watch Out for 8% Mortgage Rates
Now that interest rates have resumed their upward climb, do we have to worry about 8% mortgage rates next? Back in July, I questioned if… Read More »Watch Out for 8% 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!
The Temporary Buydown: How to Get a Lower Rate the First Couple Years on Your Mortgage
Today we’re going to talk about a “temporary buydown,” the latest effort by the mortgage industry to provide much-needed payment relief to borrowers. In recent… Read More »The Temporary Buydown: How to Get a Lower Rate the First Couple Years on Your Mortgage
4.5% Mortgage Rates in 2023? That’s the Latest Estimate from Fannie Mae
Might 2023 be good to mortgage rates? If you believe the latest Housing Forecast from Fannie Mae, then yes. Most everyone knows 2022 has wreaked… Read More »4.5% Mortgage Rates in 2023? That’s the Latest Estimate from Fannie Mae
Could a 50-Year Fixed Mortgage Finally Solve the Affordability Crisis?
With mortgage rates nearly double what they used to be, you might wonder if an alternative product like a “50-year mortgage” could improve affordability. Yes,… Read More »Could a 50-Year Fixed Mortgage Finally Solve the Affordability Crisis?
Mortgage Rate Predictions for the Rest of the Year (2022)
With all the seesaw movement in the first eight months of 2022, I wanted to throw out some mortgage rate predictions for the rest of… Read More »Mortgage Rate Predictions for the Rest of the Year (2022)
Will Mortgage Rates Hit 7% Next?
It seems mortgage rates can’t catch a break in 2022, despite a few pullbacks here and there. However, those moments are often short-lived, and met… Read More »Will Mortgage Rates Hit 7% Next?
An Easy Way to Save Even More Money with an Adjustable Rate Mortgage
Because mortgage rates have more than doubled lately, interest in adjustable-rate mortgages has taken off. The popular 30-year fixed, which was priced as low as… Read More »An Easy Way to Save Even More Money with an Adjustable Rate Mortgage
Mortgage Rates vs. Recessions: Do They Go Up or Down During Hard Times?
It’s time for another mortgage match-up, the latest installment “mortgage rates vs. recessions.” This is a timely post seeing that mortgage rates have gone absolutely… Read More »Mortgage Rates vs. Recessions: Do They Go Up or Down During Hard Times?
Paying Extra Today Won’t Lower Your Future Monthly Mortgage Payments
Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a… Read More »Paying Extra Today Won’t Lower Your Future Monthly Mortgage Payments
The Average Homeowner Now Has $207,000 in Tappable Equity: The Question Is How Do You Tap It?
While prospective home buyers continue to grapple with high mortgage rates and limited supply, existing owners are getting richer. A new report from Black Knight… Read More »The Average Homeowner Now Has $207,000 in Tappable Equity: The Question Is How Do You Tap It?