2025 Could Be the Year of the Rate and Term Refinance
So far, 2025 is shaping up to be a bit better when it comes to mortgage rates. While the 30-year fixed is only slightly below… Read More »2025 Could Be the Year of the Rate and Term Refinance
Rocket to Acquire Redfin to Boost Home Purchase Lending and Take Back #1 Spot
Just a week after Rocket Mortgage exited Canada, parent company Rocket Companies has announced its intent to acquire Redfin. The Seattle, WA-based real estate brokerage… Read More »Rocket to Acquire Redfin to Boost Home Purchase Lending and Take Back #1 Spot
Navy Federal Mortgage Review: Rates Appear Low and They Keep Your Loan
One of the oldest and largest credit unions in the nation, Navy Federal FCU, happens to be a big player in the home loan space.… Read More »Navy Federal Mortgage Review: Rates Appear Low and They Keep Your Loan
Don’t Be Surprised If Mortgage Rates Go Up Tomorrow
Tomorrow is a big day for mortgage rates, potentially. I say that because tomorrow is the release of the monthly jobs report from the Bureau… Read More »Don’t Be Surprised If Mortgage Rates Go Up Tomorrow
Have Trump and Bessent Actually Lowered Mortgage Rates At All?
There’s been a lot of optimism about mortgage rates under Trump. After all, rates have fallen for the past six weeks from around 7.25% to… Read More »Have Trump and Bessent Actually Lowered Mortgage Rates At All?
Renting vs. Buying a Home: 55 Pros and Cons
It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or a townhouse for that matter…… Read More »Renting vs. Buying a Home: 55 Pros and Cons
Mortgage Rates Are Now Back to October Levels. How Could They Move Even Lower?
Today was yet another good day for mortgage rates, which came down an additional 10 bps (0.10%), per the latest daily survey from Mortgage News… Read More »Mortgage Rates Are Now Back to October Levels. How Could They Move Even Lower?
Are Mortgage Rates Going to 5.99% or 7% Next?
It’s no secret mortgage rates are falling. I’ve argued they never really stopped falling since the 30-year fixed hit 8% back in late 2023. But… Read More »Are Mortgage Rates Going to 5.99% or 7% Next?
Mortgage Rates Are Down About Half a Percent in the Past Six Weeks
What a run it has been for mortgage rates lately. In just the past six weeks, the 30-year fixed has fallen about half a percentage… Read More »Mortgage Rates Are Down About Half a Percent in the Past Six Weeks
Locking vs. Floating Your Mortgage Rate: Which Is Better and Why?
To mortgage folks across the country, it’s an age-old question: “Lock or float?” It’s a question loan officers and mortgage brokers get asked on a… Read More »Locking vs. Floating Your Mortgage Rate: Which Is Better and Why?