Refinance Rates So Low Many Homeowners Can’t Resist Drastically Lower Payments
Clients are still walking into Ed Conarchy’s office with mortgage rates they got a few years ago at 6.5 percent, 7.75 percent and higher. They finally found the…
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Mortgage Rates
Mortgage Rates Drop to 3.80%
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…
What Caused Rates to Fall Again to 3.89%?
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…
U.S. Mortgage Rates Hold Below 4% as World Economy Wanes
Both the stock and credit markets ended on a positive note over the Thanksgiving holidays. Stocks hit another record on the Dow but instead of mortgage rates rising…
2015 Mortgage Rate Predictions from 3 Industry Experts
Will Mortgage Rates Go Up in 2015? Here are Predictions from Three of Today’s Top Mortgage Professionals. Wouldn’t it be nice to know exactly where mortgage rates will…
Rates Fall Again, Bucking Predictions. Your Mortgage Rate Update for November 24, 2014
The average 30-year mortgage rate crept below the 4.00% mark again last week according to Freddie Mac’s weekly mortgage rate survey. Each week, the mortgage backing agency polls…
Mortgage Rate Forecast For The Week Of November 17, 2014
The 30 year mortgage rate has been in a lower, tighter range compared to just a few weeks ago. For several months, Freddie Mac’s average 30 year mortgage…
Mortgage Rates Tame Even As Fed’s Rate-Reducing Program Ends
All eyes and ears were on the nonfarm payroll report for October as well as the Unemployment figure. Last Friday, the Commerce Department reported the Unemployment Rate fell…
Mortgage Rates This Week
Mortgage rates continued their sub-4.00% trend winding out the end of October, this according to Freddie Mac’s weekly mortgage survey. The 30 year rate rose from 3.92% to…
Are Discount Points Worth It in Today’s Mortgage Market?
Everyone wants the lowest interest they can get for a mortgage. But are you willing to pay to lower that rate with a lump sum in the beginning…