The Problem With Mortgage Rate Surveys
Every week, mortgage financier Freddie Mac comes out with a mortgage rate survey, which reveals the average interest rate (and points) charged by lenders for… Read More »The Problem With Mortgage Rate Surveys
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!
Why Your Mortgage May Get More Expensive
Last Friday, the Federal Housing Finance Agency (FHFA) announced plans to increase guarantee fees (g-fees) on loans sold to Fannie Mae and Freddie Mac. Banks… Read More »Why Your Mortgage May Get More Expensive
You May Have Missed the Housing Bottom, But Not the Mortgage Rate Bottom
Over the past several months, it has become somewhat clear (insert gigantic grain of salt here) that home prices may have bottomed last year, at… Read More »You May Have Missed the Housing Bottom, But Not the Mortgage Rate Bottom
Mass Mortgage Refinancing Plan: Obama’s Ace In the Hole
We’ve heard talk of mass refinancing plans for years now, but nothing has quite delivered. Sure, the >Home Affordable Refinance Program (HARP) was recently expanded… Read More »Mass Mortgage Refinancing Plan: Obama’s Ace In the Hole
Are Mortgage Rates Higher for Condos?
Mortgage Q&A: “Are mortgage rates higher for condos?” If you’re in the market for a new condo or a townhouse (as opposed to a house),… Read More »Are Mortgage Rates Higher for Condos?
Are Mortgage Rates Negotiable? How to Haggle Your Way to Big Savings
Mortgage Q&A: “Are mortgage rates negotiable?” Here’s a popular question everyone looking for a mortgage wants to know (or should want to know). And it’s… Read More »Are Mortgage Rates Negotiable? How to Haggle Your Way to Big Savings
Most Consumers Only Obtain One Mortgage Quote
Here’s a shocker. Only about 40 percent of borrowers obtain more than one mortgage quote, according to a survey conducted by Harris Interactive and mortgage… Read More »Most Consumers Only Obtain One Mortgage Quote