January Job Growth Exceeds Expectations
February 3, 2017
January saw massive job growth, an encouraging sign for what is generally not one of the busiest months in terms of new jobs. There were 227,000 jobs added to the […]
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Category: Mortgage Rates
Fed Optimistic On Economy, Maintains Current Rate
February 1, 2017
After their two-day meeting concluded on February 1, the Fed decided to keep their rate the same. While they decided to keep rates the same, they did express optimism about […]
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Fed Raises Rates, Mortgage Rates Likely To Follow
December 14, 2016
For the first time since December of 2015, the Fed decided to raise the federal funds rate. This is only the second time the Fed has raised rates since 2008, […]
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Mortgage Rates Set To Drop After Fed Meeting
September 21, 2016
After their two-day meeting came to a close, the Fed announced their decision to maintain the current federal funds rate. The decision wasn’t largely a surprise, but based on votes […]
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FHA Rates Drop To Lowest Levels In One Year
July 22, 2016
FHA loans are not only getting easier to be approved for, but they are now closing with ultra-low rates. On average, FHA loans closed with a mortgage rate of 3.98% […]
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FHA Loans · Mortgage Rates · Refinance
FHA Loans Getting Approved At High Clip
June 22, 2016
FHA loans closed at the highest clip in the past 18 months. Over 70 percent of FHA loans closed in the month of May, a jump from about 67 percent […]
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Mortgage Rates Fall After Federal Reserve Meeting
June 15, 2016
The Federal Reserve decided not to raise rates during their June meeting. The decision came after two days of deliberation. Instead of raising or lowering the Federal Funds Rate, the […]
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FHA Loans · Mortgage Rates · News
FHA Rates Hit Year-Low Levels
May 23, 2016
Homes Closed With Lowest Average Mortgage Rates in 12 Months April saw the lowest average mortgage rates in one year. Mortgage software leader Ellie Mae reported that the average 30-year […]
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Current Mortgage Interest Rates for the Week of February 29, 2016
February 29, 2016
Mortgage interest rates change daily. Keep up with current rates to make the best decision on your home mortgage. CURRENT MORTGAGE INTEREST RATES Mortgage Rates Reported 30-Year Fixed* 15-year Fixed* […]
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Current Mortgage Interest Rates for the Week of February 22, 2016
February 22, 2016
Mortgage interest rates change daily. Keep up with current rates to make the best decision on your home mortgage. CURRENT MORTGAGE INTEREST RATES Mortgage Rates Reported 30-Year Fixed* 15-year Fixed* […]
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Tim Lucas
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
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