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.
Mortgage Q&A: “What time of year are mortgage rates lowest?” We’re all looking for an angle, especially if it’ll save us some money. Whether it’s… Read More »What Time of Year Are Mortgage Rates Lowest? Here’s What The Data Says
You’ve heard the term “no free lunch.” Well, the same is true of home loans. There is no “free mortgage.” Sure, banks and lenders will… Read More »There Is No Free Mortgage
The Fed has played a major role in consumer mortgage rates over the past decade and change. Back in 2008, they began purchasing hundreds of… Read More »How the Fed Could Benefit from Lower Mortgage Rates
It used to be that a 720 FICO score was all you needed to ensure you qualified for the lowest rate on a mortgage. At… Read More »Why You May Want a 780+ FICO Score When Applying for a Mortgage
A recent podcast from First American economists discussed the current state of the housing market. The subject was the rebalancing of the housing market, which… Read More »A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
There’s been a recent phenomenon where mortgage lenders are requiring borrowers to pay upfront points when obtaining a home loan. This runs counter to the… Read More »Why Mortgage Lenders Are Requiring Upfront Points
Another year has nearly passed, which means it’s time for the 2023 mortgage rate predictions. I think we can all agree that the 2022 predictions… Read More »2023 Mortgage Rate Predictions: All Eyes on Inflation
While most homeowners probably don’t have a refinance on their radar (due to the big jump in interest rates), take note that fees for cash… Read More »Cash Out Refinance Fees Are Going Up in Early 2023
I think we all know 30-year fixed mortgage rates aren’t going back to 2%. Or even 3%. Those days seemed to have come and gone,… Read More »Mortgage Rates Below 5% Seem to Be the Sweet Spot for Home Buyers
High mortgage rates are bad. They reduce affordability, lead to fewer home sales, and can cause lots of industry-related job losses. The year 2022 has… Read More »The Beauty of High Mortgage Rates
