The Other Reason You Should Shop Around for Your Mortgage
I know, I know, mortgage shopping is the worst. It’s not a fun thing to do. It’s not like shopping for a new car or… Read More »The Other Reason You Should Shop Around for Your Mortgage
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!
Home Purchase Lending Expected to Be Lackluster in 2025 Despite Lower Rates
While lower mortgage rates have reinvigorated hope for the stalling housing market, 2025 might not wind up much better than 2024. Sure, lower interest rates… Read More »Home Purchase Lending Expected to Be Lackluster in 2025 Despite Lower Rates
You Could Try a Mortgage Rate Modification Instead of a Refinance
Want to lower your mortgage rate without a traditional refinance? Look into a “mortgage rate modification,” which does just that. Instead of having to contact… Read More »You Could Try a Mortgage Rate Modification Instead of a Refinance
Fed Rate Cut, But Mortgage Rates Up: What Gives?
Anyone who works in the industry probably saw this coming. But those who don’t might be left scratching their head. Yesterday, the Fed finally pivoted… Read More »Fed Rate Cut, But Mortgage Rates Up: What Gives?
Why You Probably Don’t Want to Lock Your HELOC
If you’ve got a home equity line of credit (HELOC), payment relief may finally be here. The Fed is expected to “pivot” today, meaning they’ll… Read More »Why You Probably Don’t Want to Lock Your HELOC
Mortgage Rates Could Fall Another Half Point Just from Market Normalization
It’s been a pretty good year so far for mortgage rates, which topped out at around 8% last year. The 30-year fixed is now priced… Read More »Mortgage Rates Could Fall Another Half Point Just from Market Normalization
More Consumers Think Mortgage Rates Will Go Down and That Home Prices Are Going to Fall
The latest monthly national housing survey from Fannie Mae revealed an interesting contradiction. Last month, a new survey-high 39% of respondents said they expect mortgage… Read More »More Consumers Think Mortgage Rates Will Go Down and That Home Prices Are Going to Fall
It’s Not a Mortgage Rate Story Anymore
The other day I noticed that mortgage rates were being advertised at some really low levels. Many quotes in the mortgage rate table on my… Read More »It’s Not a Mortgage Rate Story Anymore
Is It Better to Buy a Home When Mortgage Rates Are High?
Over the years, there’s been a popular argument that it’s better to buy a home when mortgage rates are high. The logic is that home… Read More »Is It Better to Buy a Home When Mortgage Rates Are High?
Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage
By now you’ve heard the news. President Biden dropped out of the 2024 presidential race and paved the way for current VP Kamala Harris to… Read More »Presidential Candidate Kamala Harris Has a 7-Year Adjustable-Rate Mortgage