Mortgage rates are continuing to move higher this week. We’ve now seen them rise for two consecutive weeks in the Freddie Mac PMMS. The consensus is for them to continue rising for the foreseeable future. Read on for more details. Where are mortgage rates going?Â Â Â Â Â Â Â Â Â Â Â … View ArticleContinue reading
After two weeks of decreases, the Mortgage Bankers Association reported that mortgage applications increased 1.1% during the week ending Dec. 11 amid mortgage rates that hit a new survey low.
The post Mortgage applications rebound as mortgage rates drop appeared first on HousingWire.Continue reading
I thought it would be helpful to create a post that answers a lot of top “mortgage questions” that consumers tend to ask in one convenient place. You should know the answers to all of these questions if you’re serious about getting a mortgage and ready to buy a home. Additionally, you might be better [&hellip
The post 21 Mortgage Questions You Should Know the Answer To first appeared on The Truth About Mortgage.Continue reading
Hello! Today, I am publishing Part 2 to my post from yesterday Unplanned Road Trip Planning. As a recap, we left our house on Wednesday and we are not sure when we will be going back. This will probably be a 10 to 14 day road trip. This is nothing crazy, but it is more than what […]
The post Unplanned Road Trip Planning As A Freelancer With Dogs Part 2 appeared first on Making Sense Of Cents.Continue reading
It’s a quiet start to the week with mortgage rates holding steady. That could be a trend that persists for the remainder of the week as there’s really not much scheduled on the economic calendar this week. Thursday and Friday are the only days where we really have some inflation data out that could impact… View ArticleContinue reading
Editor’s note: This article was originally published on June 10, 2020, and updated on July 28, 2020, with the latest Fed forecasts Don’t wait on the Fed for lower mortgage […]Continue reading
Posted To: Mortgage Rate Watch
Mortgage rates are off to a slow start in the new year, and that’s a good thing. An absence of movement means the average lender continues offering rates that are at or near record lows. For top tier, conventional 30yr fixed loans, that’s around 2.75% for refinances and 2.5% for purchases. Whether or not rates remain in this territory in the short term may come down to Georgia’s senate run-off elections this Wednesday. Why would rates care about that? Simply put, any time one political party has full control (i.e. House, Senate, Presidency), it’s easier for the government to spend money (or legislate a revenue shortfall, as was the case with the tax bill in 2017). In either case, the result is more Treasury debt, and the level of Treasury debt is a key input for interest rates in general. This…(read more)
The Mortgage Bankers Association reported that applications decreased 1.2% during the week ending Dec. 4 in its latest weekly survey â the second straight week of application decreases.
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After falling to a record low last week, the average U.S. mortgage rate for a 30-year fixed loan remained at 2.67% this week.
The post Mortgage rates remain at record-low levels appeared first on HousingWire.Continue reading
The average U.S. mortgage rate for a 30-year fixed loan fell two basis points this week to 2.65% â the lowest rate in the surveyâs near 50-year history.
The post Mortgage rates drop even lower to new record of 2.65% appeared first on HousingWire.Continue reading