Learn how to get an edge on your saving, spending and borrowing strategies when rates rise or fall.
The post How Does the Federal Reserve Interest Rate Affect Me? appeared first on Discover Bank – Banking Topics Blog.
Continue readingTag: refinancing
Conventional loan home requirements: Is an inspection required?
Conventional loans have a few basic property standards, but no in-depth home condition requirements. You likely want a home inspection anyway.
Continue readingRefinance soon to avoid the FHFA adverse market refinance fee
Fannie Mae and Freddie Mac’s 0.5% refinance fee is delayed until December 1. But to avoid the fee and higher refinance rates, you need to apply sooner than that.
Continue readingMortgage Borrowers Should Know Their Rates
Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market.
Yet nearly three-in-10 mortgage borrowers (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by Bankrate.
This is a big problem, says Martin Choy, operations manager at Westwood Mortgage in Seattle.
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Current VA Refinance Rates
Posted on: December 31, 2020 Mortgage interest rates remain at historic lows this week. As reported from a weekly survey
Continue readingWhat Happens to Mortgage Rates When the Fed Cuts Rates?
Your guide to understanding how a Fed rate cut could impact your mortgage as a homeowner or prospective buyer.*
The post What Happens to Mortgage Rates When the Fed Cuts Rates? appeared first on Discover Bank – Banking Topics Blog.
Continue readingShould I Refinance My Mortgage? When to Refinance
The Federal Reserve recently lowered interest rates in an effort to stimulate the economy during the coronavirus pandemic. As a result, more and more people are becoming interested in refinancing their mortgage. Depending on the situation, refinancing your mortgage can…
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The post Should I Refinance My Mortgage? When to Refinance appeared first on MintLife Blog.
Continue readingGSCUÂ Mortgage Rates Reviews: Today’s Best Analysis
Granite State Credit Union (GSCU) provides members with a variety of mortgage products across the state of New Hampshire. GSCU AT A GLANCE Year Founded 1945 Coverage Area New Hampshire HQ Address 1415 Elm Street, Manchester, New Hampshire 03101 Phone Number 1-800-645-4728 GSCU COMPANY INFORMATION Services the state of New Hampshire Offers conventional loans, […]
The post GSCU Mortgage Rates Reviews: Today’s Best Analysis appeared first on Good Financial Cents®.
Continue readingMortgage Rates Hit Another 50-Year Low. Should You Buy?
The average 30-year mortgage rate broke record lows (again) at 2.65%, according to Freddie Mac. This marks the 22 weeks in a row that the average rate has been under 3% and the 17th time records have been broken since the start of 2020. Three of the records were broken in December alone. In response […]
The post Mortgage Rates Hit Another 50-Year Low. Should You Buy? appeared first on The Simple Dollar.
Continue readingMortgage Rates Hit Another 50-Year Low. Should You Buy?
The average 30-year mortgage rate broke record lows (again) at 2.65%, according to Freddie Mac. This marks the 22 weeks in a row that the average rate has been under 3% and the 17th time records have been broken since the start of 2020. Three of the records were broken in December alone. In response […]
The post Mortgage Rates Hit Another 50-Year Low. Should You Buy? appeared first on The Simple Dollar.
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