If you’ve scanned the headlines lately, you probably saw that mortgage rates went up yet again. And they did so despite another Fed rate cut,… Read More »Mortgage Rates Increased About a Quarter Percent This Week. What Does That Actually Mean?
Well, it happened again. The Federal Reserve announced another rate cut and mortgage rates surged higher. In fact, the 30-year fixed now starts with a… Read More »The Reason Mortgage Rates Jumped After the Fed Rate Cut
It’s that time of the year when I look at what the next year might have in store for mortgage rates. It’s never easy to… Read More »2025 Mortgage Rate Predictions: Where Do They Go From Here?
While 2025 offers some hope mortgage rates will move lower, that’s still very much up in the air. There are renewed worries that inflation could… Read More »Larger Loan Amounts Require Smaller Mortgage Rate Decreases for a Refinance to Pencil
Recently, I’ve encountered two very different types of for-sale listings in the market. There are the properties that go pending in about a week, essentially… Read More »If You’re Serious About Selling Your Home, List Below the Zestimate
When mortgage rates fell to around 6% in August, homeowners jumped at the opportunity to refinance. In the months of September and October, more than… Read More »Homeowners Who Refinanced Recently Saw the Biggest Mortgage Rate Improvement in Decades
It’s been a wild ride for mortgage rates this year. The 30-year fixed began 2024 at around 6.625% and is currently not far from those… Read More »Are We Still in a Falling Mortgage Rate Environment?
Often times when you apply for a mortgage, you’ll be bombarded by offers from competing banks and lenders. The reason this happens is because the… Read More »Opt-Out Before You Begin Mortgage Shopping
Mortgage rates have been on a wild ride the past few years. In fact, it was still possible to obtain a 3% 30-year fixed mortgage… Read More »Winter Is Coming for Mortgage Rates. Why That Might Be a Good Thing
Mortgage rates are a pretty complex subject. They’re also commonly misunderstood and oversimplified, with many myths perpetuated by those who work in the industry. Some… Read More »The U.S. President Doesn’t Set Mortgage Rates
