Mortgage Rates

Everything you’ve ever wanted to know about mortgage rates. And even more than that…

An Alternative to Paying Mortgage Points

An Alternative to Paying Mortgage Points
November 5, 2020 No Comments »

If and when you take out a mortgage, you’ll be faced with an important choice. To pay or not pay mortgage points. In short, those who pay points should hypothetically secure a lower interest rate than those who do not ... Read More »

Watch Out for Low Mortgage Rates You Have to Pay For

Watch Out for Low Mortgage Rates You Have to Pay For
November 4, 2020 No Comments »

Mortgage rates keep on marching lower and lower, with new records broken seemingly every week. But with all the fervor surrounding mortgage rates, some lenders are playing the “how low can we appear to go” game. For example, mortgage lenders ... Read More »

Why Are Refinance Rates Higher?

Why Are Refinance Rates Higher?
October 30, 2020 No Comments »

Mortgage Q&A: “Why are refinance rates higher?” If you’ve been comparing mortgage rates lately in an effort to save some money on your home loan, you may have noticed that refinance rates are higher than purchase loan rates. This seems ... Read More »

Will Mortgage Rates Go Up or Down If Trump/Biden Wins the Election?

Will Mortgage Rates Go Up or Down If Trump/Biden Wins the Election?
October 14, 2020 No Comments »

As everyone knows, we have a very important U.S. presidential election just around the corner. In fact, it’s now less than three weeks away. It could be the biggest in U.S. history, at least in terms of drama and friction, ... Read More »

Is Refinancing Worth It?

Is Refinancing Worth It?
October 13, 2020 No Comments »

With mortgage rates at or near record lows, a lot of existing homeowners are probably asking themselves, “Is refinancing worth it?” The problem is there’s no absolute right or wrong answer to this question, though with interest rates a lot ... Read More »

What Mortgage Rate Can I Expect?

What Mortgage Rate Can I Expect?
October 12, 2020 No Comments »

Mortgage Q&A: “What mortgage rate can I expect?” The thing with mortgage rates is that they can vary greatly depending on a number of market forces and borrower-specific factors. That’s why it’s impossible to just throw a random interest rate ... Read More »

UWM Offering 50 Basis Point Discount on VA Streamline Loans Through Veterans Day

UWM Offering 50 Basis Point Discount on VA Streamline Loans Through Veterans Day
October 1, 2020 No Comments »

United Wholesale Mortgage continues to bring the heat, this time shaving 50 basis points off streamline VA loans from now until Veterans Day on November 11th. The move will make it even cheaper for veteran homeowners to refinance their existing ... Read More »

Two Things Working in Favor of Even Lower Mortgage Rates This Year

Two Things Working in Favor of Even Lower Mortgage Rates This Year
September 29, 2020 No Comments »

While recent home buyers and existing homeowners have enjoyed a period of extremely low mortgage rates this year, some pundits are starting to warn that the party could be coming to an end. It’s only natural to question something that ... Read More »

Beware the New Mortgage Fee Fearmongering

Beware the New Mortgage Fee Fearmongering
September 1, 2020 No Comments »

You may have heard there’s a “new mortgage fee.” And you might have been told to hurry up and refinance NOW to avoid said fee. While there is some truth to that, it is by no means a reason to ... Read More »

How Low Will Mortgage Rates Go?

How Low Will Mortgage Rates Go?
August 12, 2020 No Comments »

It seems that lately we reach a new all-time low for mortgage rates just about every week, which begs the question, how low can they go? Indeed, mortgage rates have hit record lows eight times so far in 2020, and ... Read More »