Mortgage Rates

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

Everyone I Know Is Trying to Refinance

Everyone I Know Is Trying to Refinance
June 25, 2013 No Comments »

There’s been a lot of talk (and worry) that the higher mortgage rates of late might derail the apparent housing market recovery. After all, many believe the only reason things were improving was because of the ultra-low rates the Fed ... Read More »

Watch Out for the Adjustable-Rate Mortgage Pitch

Watch Out for the Adjustable-Rate Mortgage Pitch
June 24, 2013 No Comments »

Over the past couple weeks, mortgage rates have risen roughly 1% across the board. If you look at Wells Fargo’s mortgage rates, which I highlighted late last week due to their meteoric rise, you’ll notice the 30-year fixed is now ... Read More »

Check Out How Much Wells Fargo Raised Mortgage Rates This Week

Check Out How Much Wells Fargo Raised Mortgage Rates This Week
June 20, 2013 3 Comments »

Mortgage Rate Armageddon continued this week, thanks mostly to the Fed and Mr. Ben Bernanke, who made it clear we will eventually have to fend for ourselves. Pundits already knew about a potential tapering of the Fed’s mortgage bond buying ... Read More »

Blogger Claims Bernanke Made His Mortgage $53,000 More Expensive

Blogger Claims Bernanke Made His Mortgage $53,000 More Expensive
June 18, 2013 No Comments »

A Yahoo! Finance blogger named Rick Newman claims Ben Bernanke cost him $53,000 on his recently acquired mortgage. The issue revolves around the latest testimony from the Federal Reserve boss, who revealed the Fed could taper purchases of mortgage-backed securities ... Read More »

Mortgage Rates Would Need to Rise to 7% Before Median Home Unaffordable

Mortgage Rates Would Need to Rise to 7% Before Median Home Unaffordable
June 18, 2013 1 Comment »

Just about everyone knows mortgage rates have shot up rather dramatically recently. And now some of the major market players are actually addressing the matter, which seems a tad unusual. This morning, mortgage financier Freddie Mac discussed how 30-year fixed ... Read More »

Use These Mortgage Charts to Easily Compare Rates

Use These Mortgage Charts to Easily Compare Rates
June 12, 2013 13 Comments »

Now that mortgage rates have gone absolutely haywire, per the latest data from Freddie Mac, I decided it would be prudent (and helpful) to create a “mortgage rate chart” that displays the difference in monthly mortgage payment across a variety ... Read More »

Zillow CEO Says Don’t Wait, Best to Sell Home Now

Zillow CEO Says Don’t Wait, Best to Sell Home Now
June 7, 2013 No Comments »

In a rather odd interview on CNBC Thursday, Zillow CEO Spencer Rascoff said it’s “definitely a great time to sell,” despite the fact that home prices are expected to rise a fair amount in the near future. Funnily enough, back ... Read More »

Mortgage Rates Experience Largest Single-Week Increase Since 2011

Mortgage Rates Experience Largest Single-Week Increase Since 2011
June 5, 2013 No Comments »

To say the last couple weeks have been bad for mortgage rates (and consumers) would be an enormous understatement. In fact, over the past month mortgage rates on the ever fashionable 30-year fixed have risen nearly a full percentage point. ... Read More »

Your Low Mortgage Rate: Here Today, Gone Tomorrow

Your Low Mortgage Rate: Here Today, Gone Tomorrow
May 29, 2013 1 Comment »

While the news is just starting to trickle in, over the next week or so you’ll be hearing a lot about how mortgage rates surged higher, and that the days of low rates are behind us. The mortgage rate surveys ... Read More »

The Fed Minutes and Mortgage Rates

The Fed Minutes and Mortgage Rates
May 22, 2013 No Comments »

Just a few short hours ago, the Federal Reserve released the hotly anticipated FOMC “minutes” from its two-day meeting that took place back on April 30th and May 1st, 2013. The contents weren’t all that exciting, though they seemed to ... Read More »