Average closing costs in 2021 and how to keep yours low
Complete guide to mortgage and refinance closing costs, including average closing costs and a full list of what’s included in your fees.
Mortgage Rates
Consider APR when shopping for a mortgage, experts say
Mortgage rates at their current record lows offer some serious savings for both home buyers and people looking to refinance. But experts say a low mortgage rate is only one part of the equation, as people also need to consider the loanâs annual percentage rate to take into account other costs such as upfront fees. […]
The post Consider APR when shopping for a mortgage, experts say appeared first on RealtyBizNews: Real Estate News.
Self-employed mortgage borrower? Here are the rules
Just about any lender can do self-employed mortgages. But there are additional requirements for self-employed borrowers. Here’s what you should know.
How to apply for a mortgage and get approved: 5 steps to success
Learn how to apply for a mortgage the right way. Give yourself the best shot at getting the type of loan you want and a low interest rate when you apply.
For the third week in a row, mortgage rates stay at 2.73%
For the third week in a row, the average mortgage rate for a 30-year fixed loan remained unchanged at 2.73%, according to Freddie Mac.
The post For the third week in a row, mortgage rates stay at 2.73% appeared first on HousingWire.
Mortgage applications dip as rates climb
Mortgage rates have increased in four of the six weeks of 2021, and mortgage applications have mostly risen and fallen alongside them.
The post Mortgage applications dip as rates climb appeared first on HousingWire.
Bank statements: 3 things mortgage lenders don’t want to see
Bank statements say a lot about a mortgage applicant. Check for 3 common issues when turning your account paperwork in to your lender.
Mortgage rates continue to stay low at 2.73%
The average mortgage rate for a 30-year fixed loan remained unchanged last week from the week prior at 2.73%, according to Freddie Mac.
The post Mortgage rates continue to stay low at 2.73% appeared first on HousingWire.
Mortgage applications on the rise again
Mortgage applications jumped 8.15% from the week ending Jan. 29, breaking a two-week streak of decreases, per MBA reports. The refinance index and purchase index all saw increases, as well.
The post Mortgage applications on the rise again appeared first on HousingWire.
Mortgage Rates Hold Steady to Start New Week
Posted To: Mortgage Rate Watch
Mortgage Rates did well last week, with the average lender getting very close to long-term lows by Wednesday. After that, however, volatility in the bond market caused some concern about an unfriendly shift in rate momentum. Today’s trading helps soothe those concerns as the bond market (which dictates rates) held inside a narrow range very close to Friday’s latest levels. The average mortgage lender offered rates that were at least as good as Friday’s with purchases still seeing 2.5-2.625% and no-cash-out refis in the 2.75-2.875% neighborhood (this assumes a top tier conventional 30yr fixed loan with at least 20% equity, 740+ credit, and no other negative loan level price adjustments). The bond market has a lot on its mind these days. A large scale battle is being waged between all of covid…(read more)
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