The new Bilt cards have finally been unveiled, and while there are a lot of details, I’m going to focus on the mortgage piece. There… Read More »New Bilt Credit Cards Require Lots of Spending to Earn Points on Mortgage Payments
By now you’ve likely heard of mortgage rate lock-in. It’s the theory that homeowners won’t move if they have mortgage rates well below prevailing market… Read More »Mortgage Rate Lock-In Is Still Alive and Well Despite Some Improvement
A major mortgage lender has announced it will allow crypto to be used for mortgage approvals, without the need for liquidation. This has been a… Read More »Newrez to Allow Crypto for Mortgage Approvals Without Liquidation
One of the key ways to track mortgage rates is to look at the 10-year bond yield. It acts as a bellwether for 30-year fixed… Read More »The Main Reason Mortgage Rates Are So Much Lower Than They Were a Year Ago
I wanted to wait until today to weigh in on the new plan for Fannie Mae and Freddie Mac to purchase MBS to see where… Read More »Mortgage Rates Drop Into the 5s After Trump’s Order to Buy MBS
Lately, a lot of mortgage rate quotes have required points to be paid. Known as discount points, they are a form of prepaid interest due… Read More »Decision to Buy Down Mortgage Comes Down to Future Mortgage Rates
Mortgage rates were already at 15-months as we entered 2026, and now they’re moving even lower. The catalyst today was another weak jobs report, this… Read More »Weak ADP Jobs Report Sends Mortgage Rates Even Closer to the 5s
It’s no secret that mortgage rates are complicated. There is no one-size-fits-all price. The rate you’re quoted will depend on both your risk profile and the… Read More »Mortgage Rates Are Now Being Advertised Well Below the National Average
Last year, we were told that the first-time home buyer age surged to a record high 40 years old! The bad news was delivered by… Read More »The Median First-Time Home Buyer Age Isn’t Really 40
Late last year, a lot of “solutions” to fix the housing market were floated, including things like assumable and portable mortgages. I recognize that not… Read More »Assumable vs. Portable Mortgages: Hand It Over or Take It With You?
