Mortgage rates are lower in June, hitting a new low for the month on June 25th by pushing the 30yr fixed rate for best-case scenarios to 4.125%. Although mortgage rates have pulled back slightly in … [Read more...]
More homeowners becoming landlords because of low mortgage rates
CNN Money reports that more homeowners are deciding to rent out their homes rather than selling, because of low mortgage rates. "Low mortgage rates and soaring rents have convinced a growing number … [Read more...]
Fox Business: Here’s Why Mortgage Rates are Fluctuating
Fox Business suggests 3 reasons as to why mortgage rates are fluctuating: Treasury bonds, inflation, and another wave of refinancing. Read the Fox Business report: Here's Why Mortgage Rates are … [Read more...]
Boston Globe: Low mortgage rates sticking around
The Boston Globe reports that low mortgage rates are back, and in fact they never went away. Read The Boston Globe June 6th article to understand today's low mortgage rates: Low mortgage rates … [Read more...]
Mortgage Rates Are Down, And May Push The Housing Market Up
Today, MarketWatch reports, "Mortgage rates have dropped so much this year – falling about one-third of a percentage point — that the low levels could 'stimulate' the housing market, Nobel … [Read more...]
Mortgage Rates Rise, And Drag Down U.S. Home Sales
Mortgage rates rose and were responsible for slowing U.S. home sales, The Wall Street Journal reports. The pronounced slowdown in U.S. home sales in the second half of 2013 was primarily caused by a … [Read more...]
Conventional Mortgage Rates Are Rising More Quickly Than Jumbo Home Mortgages Rates
We reported last week in Headlines & News that conventional mortgage rates are moving up more quickly than rates for jumbo mortgages. Read our article: The Spread Between Conventional Mortgage … [Read more...]
Mortgage Rates Will Probably Rise if Congress Overhauls Fannie Mae and Freddie Mac
The Wall Street Journal reports that mortgage rates are expected to rise if congress passes legislation to reform Fannie Mae and Freddie Mac. You may be keeping up with news about congressional … [Read more...]
The Spread Between Conventional Mortgage Rates and Jumbo Rates Vanish
Time.com reports that conventional mortgage rates are moving up, and becoming equal to rates for jumbo mortgages. In times past, conventional mortgage rates were 0.2 to 0.3 of a point below jumbo … [Read more...]
Mortgage rates fall ahead of the spring home-buying season.
Rachel Stults reports for Realtor.com that mortgage rates dip as the spring home-buying season begins. Mortgage rates across the United States have dropped slightly, just as the spring home-buying … [Read more...]