Mortgage Rates

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

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 »

Is the Real Estate Market About to Be Tested?

Is the Real Estate Market About to Be Tested?
May 16, 2013 No Comments »

For months I’ve been talking about how it has become a seller’s market, what with the super low inventory and unbeatable mortgage rates. Factor in the sizable reduction in short sales and foreclosed properties, along with strong investor demand, and ... Read More »

Warren Buffett: Now Is the Time to Get a Mortgage

Warren Buffett: Now Is the Time to Get a Mortgage
May 6, 2013 1 Comment »

There are plenty of so-called experts and gurus out there with all types of advice on what you should do with your money, but perhaps the most celebrated is Warren Buffett, known affectionately as the “Oracle of Omaha.” On Saturday, ... Read More »

Five Reasons Home Prices Are Rising Like Crazy

Five Reasons Home Prices Are Rising Like Crazy
May 1, 2013 No Comments »

If you’ve listened to the news lately, you’ve probably heard that home prices are on the mend, big time. The latest piece of good news comes courtesy of S&P Dow Jones Indices, which released its S&P/Case-Shiller Home Price Indices report ... Read More »

Will Higher Mortgage Rates Cripple the Real Estate Market?

Will Higher Mortgage Rates Cripple the Real Estate Market?
April 10, 2013 1 Comment »

Everyone seems to be thoroughly enjoying the low mortgage rate environment that has been in effect for a couple of years now. Those with existing mortgages likely already refinanced to a lower rate, while those looking to dip their toes ... Read More »

Study Claims Mortgage Default Risk Lower on Energy Efficient Homes

Study Claims Mortgage Default Risk Lower on Energy Efficient Homes
March 19, 2013 1 Comment »

Do you live in a “green” house? If so, you might be a better mortgage borrower, whether you realize it or not. A new study released today by the University of North Carolina at Chapel Hill (UNC) Center for Community ... Read More »

Median 30-Year Mortgage Rates Over the Past 42 Years

Median 30-Year Mortgage Rates Over the Past 42 Years
February 28, 2013 2 Comments »

Everyone knows mortgage rates are low. But just how low are they compared to historical averages, or should I say, medians? Well, fortunately John Burns of John Burns Consulting did the math for us in a recent newsletter. Currently, 30-year ... Read More »