Mortgage Rates Mixed Fixed mortgage rates rose last week. Freddie Mac reported that average rates for 30-year and 15-year mortgages rose to 3.87 percent and 3.15 percent respectively; the average … [Read more...]
Mortgage Rates Up, as Housing Market Continues to Cool
Mortgage Rates Up Mortgage rates rose across the board according to Freddie Mac's weekly survey of average mortgage rates. The average rate for a 30-year fixed rate mortgage increased three basis … [Read more...]
Mortgage Rates Fell, Housing Index and Housing Starts Lower
Mortgage Rates Fell Last week, Mortgage rates fell according to Freddie Mac. The average rate for a 30-year fixed rate mortgage was 3.80 percent as compared to the prior week's reading of 3.93 … [Read more...]
Mortgage Rates Rise and Analysts Offer Housing Predictions for 2015
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...]