Mortgage Rates Hit New 20-Month Low
January 26, 2015
Mortgage rates dropped again last week to levels not seen since May 2013. According to Freddie Mac’s weekly mortgage market survey, the 30 year fixed rate fell by three basis […]
Read More...Tim Lucas
Tim Lucas (NMLS #118763 ) is an editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more. You can connect with Tim on his website, ThisIsMortgage.com.
Articles by Tim Lucas
Mortgage Rates Hit 3.66%
January 19, 2015
Mortgage rates continue to fall as refinance applications are on the rise. According to Freddie Mac’s weekly mortgage survey, the 30 year benchmark hit 3.66%, down from 3.73% the week […]
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Mortgage Rates Slide to new 20-Month Lows, Hitting 3.73%
January 12, 2015
Mortgage rates for a 30-year fixed mortgage continue their downward trend, ending the week at 3.73%, down from 3.87% the previous week, Freddie Mac reported. The 15 year note dropped […]
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Home Buying · Mortgage Rates · News
2015 Housing Market To Be Strong As Low Rates, High Rents Accelerate Buying
January 6, 2015
More renters are becoming owners. The National Association of Realtors (NAR) reports that home sales in the first few months of 2015 will be stronger than average. Mortgage rates in […]
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30-Year Fixed Rate at 3.87%, 15-Year at 3.15%
January 5, 2015
The 30 year fixed rate mortgage moved a bit last week but not by much and still well below the 4.00% mark. According to Freddie Mac’s weekly mortgage rate survey, […]
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Mortgage Rates · News · Refinance
Refinance Numbers Zoom as These 3 Types of Homeowners Finally Pull Trigger
January 4, 2015
A recent streak of low interest rates has spurred refinance activity dramatically. In July 2014, refinances made up just 32% of the mortgage market. As of November 2014, 45% of […]
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Complete These 2015 Financial New Year’s Resolutions in Just 4 Weeks
January 2, 2015
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Mortgage Rates Continue 7-Week Streak Below 4%
December 28, 2014
Mortgage rates rose slightly last week but the average 30 year rate only hit 3.83% according to Freddie Mac’s weekly mortgage survey. Rates have been in the sub-4% range since […]
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Mortgage Rates Drop to 3.80%
December 22, 2014
Mortgage rates are in a free fall. Rates hit their lowest levels since May 2013 according to Freddie Mac’s most recent survey. The 30-year national average dropped to 3.80%, the […]
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What Caused Rates to Fall Again to 3.89%?
December 8, 2014
Mortgage rates fell yet again for the fourth straight week. They would have fallen a couple more basis points on Friday had the Unemployment Report and Non-Farm Payroll Jobs numbers […]
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