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.
A recent podcast from First American economists discussed the current state of the housing market. The subject was the rebalancing of the housing market, which… Read More »A 1% Decrease in Mortgage Rates Is Worth an 11% Drop in Home Prices
There’s been a recent phenomenon where mortgage lenders are requiring borrowers to pay upfront points when obtaining a home loan. This runs counter to the… Read More »Why Mortgage Lenders Are Requiring Upfront Points
Another year has nearly passed, which means it’s time for the 2023 mortgage rate predictions. I think we can all agree that the 2022 predictions… Read More »2023 Mortgage Rate Predictions: All Eyes on Inflation
While most homeowners probably don’t have a refinance on their radar (due to the big jump in interest rates), take note that fees for cash… Read More »Cash Out Refinance Fees Are Going Up in Early 2023
I think we all know 30-year fixed mortgage rates aren’t going back to 2%. Or even 3%. Those days seemed to have come and gone,… Read More »Mortgage Rates Below 5% Seem to Be the Sweet Spot for Home Buyers
High mortgage rates are bad. They reduce affordability, lead to fewer home sales, and can cause lots of industry-related job losses. The year 2022 has… Read More »The Beauty of High Mortgage Rates
Mortgage basics: “How to shop for a mortgage.” Every now and then I focus on mortgage 101 because it seems the obvious stuff isn’t always… Read More »How to Shop for a Mortgage
While it seemed mortgage rates just couldn’t catch a break, a positive CPI report has led to a huge rally. This is one of the… Read More »Mortgage Rates vs. CPI: Less Inflation = Lower Rates
The million-dollar question: “When will mortgage rates go back down?” A lot of people have answers, but none of them are necessarily right. That makes… Read More »When Will Mortgage Rates Go Back Down?
A friend of mine asked me over the weekend how mortgage interest works? His coworker had posed a similar question to him, and he was… Read More »How Mortgage Interest Works
