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
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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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
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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January 2, 2015
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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 […]
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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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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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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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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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