Mortgage Rates Rise, Job Openings Increase, Retail Sales Up Freddie Mac reported that the average rate for a 30-year fixed rate mortgage was 3.93 percent, a gain of four basis points over the … [Read more...]
1% Lower Mortgage Rate Could Save Enough to Pay Cash for a New Car
Which would you rather do - pay more for your mortgage or buy a new car? It's amazing what you can save by lowering your mortgage rate by just 1%. The savings pile up so much, you could pay cash … [Read more...]
How to Get the Best Mortgage Rate
Everyone wants the lowest possible mortgage rate to save money. But, what can you do to get the best rate? Use a Mortgage Broker A mortgage broker acts as an intermediary between you and the lending … [Read more...]
Mortgage Rates on the Rise: February 2014
Mortgage rates are constantly fluctuating. Rates generally declined in 2014, until earlier this month, when the 30-year fixed-rated mortgage and 1-year adjusted rate mortgage climbed … [Read more...]
Time to buy
From CNN Money Shawn Tully EDITOR AT LARGE,FORTUNE From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom's image of the lanky Texas rancher. On a … [Read more...]
The Housing Market
Last week, the Mortgage Bankers Association (MBA) released its quarterly statistics for delinquency and foreclosure. Depending on one’s interpretation, the stats show both a stabilizing in the housing … [Read more...]
Mortgage Rates
People say that "life is full of surprises." And last week’s Jobs Report offered a few surprises of its own. But were those surprises positive, and what do they mean for home loan rates overall? Read … [Read more...]