Mortgage Rates

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

Home Buyers Are More Worried About Rising Mortgage Rates than Prices

Home Buyers Are More Worried About Rising Mortgage Rates than Prices
July 10, 2013 No Comments »

A new survey from Trulia revealed that rising mortgage rates are the chief concern among those who plan to buy a home sometime in the future. The company polled 2,000 people in late June after the uptick in mortgage rates, ... Read More »

Hovnanian: Higher Mortgage Rates Will Just Lead to Smaller Homes

Hovnanian: Higher Mortgage Rates Will Just Lead to Smaller Homes
July 2, 2013 2 Comments »

During an interview with CNBC this morning, Ara Hovnanian of K. Hovnanian Homes expressed that he’s not worried about higher mortgage rates hurting the housing market. In fact, the mega home builder’s CEO actually thinks we’re in the “early innings” ... Read More »

Look: Mortgage Rates Are Still Historically Cheap

Look: Mortgage Rates Are Still Historically Cheap
July 1, 2013 No Comments »

I feel like I’ve been going on and on about mortgage rates lately, but for good reason. After hovering at or near record lows for such a long period of time (it seemed indefinite), the party finally came to a ... Read More »

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 »