Significant events happen in the mortgage market every day. Lending rules change constantly, and rates are always in flux. We give you the news, but also the “so what” factor: how market changes affect your home finance plans. Whether you plan to buy or refinance, our reports will help you make the best decisions and lower your homeownership costs.
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 […]
Read More...
Home Buying · Mortgage Rates · News
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 […]
Read More...
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, […]
Read More...
Mortgage Rates · News · Refinance
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 […]
Read More...
January 2, 2015
Click here to see the updated version of this article.
Read More...
December 30, 2014
Fannie Mae and Freddie Mac now allow mortgages with down payments as low as 3 percent. The move provides direct competition with FHA loans. But will loosening the down payment requirements […]
Read More...
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 […]
Read More...
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 […]
Read More...
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 […]
Read More...
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 […]
Read More...
