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Category: Mortgage Rates

Low rates lead to more refinances

Mortgage Rates · Refinance

Refinance Rates So Low Many Homeowners Can’t Resist Drastically Lower Payments

December 23, 2014

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 time, energy […]

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Rates hit lowest levels in nearly 2 years

Mortgage Rates · News

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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Current mortgage rates 12-8-14

Mortgage Rates · News

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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Mortgage rate update 12-1-2014

Mortgage Rates · News

U.S. Mortgage Rates Hold Below 4% as World Economy Wanes

December 1, 2014

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 they actually […]

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Mortgage rate trends to follow in 2015

Mortgage Rates · News

2015 Mortgage Rate Predictions from 3 Industry Experts

November 24, 2014

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 go in […]

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Mortgage rates continue to drop

Mortgage Rates · News

Rates Fall Again, Bucking Predictions. Your Mortgage Rate Update for November 24, 2014

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 over 100 […]

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Mortgage rate forecast for 11-17-2014

Mortgage Rates · News

Mortgage Rate Forecast For The Week Of November 17, 2014

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 rate floated […]

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Mortgage Rates This Week 11-10-14

Mortgage Rates · News

Mortgage Rates Tame Even As Fed’s Rate-Reducing Program Ends

November 10, 2014

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 from 5.9% […]

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Mortgage rates hold below 4 percent

Mortgage Rates · News

Mortgage Rates This Week

November 3, 2014

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 3.98% while […]

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Are discount points worth it?

Mortgage Rates · News · Understanding Mortgages

Are Discount Points Worth It in Today’s Mortgage Market?

October 29, 2014

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 of the […]

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