MORTGAGE RATE
Mortgage Delinquency Rates Record Low – Is This the Calm Before the Debt Storm?
Mortgage Rates Lowest Ever, Woo.
About a month ago, I discussed whether mortgage rates could drop any lower. At that time, the en vogue 30-year fixed-rate mortgage averaged 4.32%, per Freddie Mac data. Today, expectedly, it hit a fresh all-time low, falling to 4.12%. Freddie attributed it to âmarket concerns over Eurozone sovereign debt default and a weak U.S. employment… Read More »Mortgage Rates Lowest Ever, Woo.
The post Mortgage Rates Lowest Ever, Woo. appeared first on The Truth About Mortgage.
Home buyers get some relief as mortgage rates come off 7% highs
Mortgage rates are roughly double year-ago levels but have fallen from their 7% highs. That’s providing at least some relief to potential home buyers.
Optimism spreads after new home sales climb in December
Mortgage rates are falling and builders are offering incentives to buyers, but that wasnât enough to prop up new home sales in 2022.Â
30-Year Fixed Mortgage Rates Increase for First Time Since March
Mortgage rates for 30-year fixed mortgages increased this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.39 percent, up from 3.25 percent at this same time last week.
17 Questions to Ask Your Mortgage Lender
Buying a home is one of the most important investments you can make. Becoming a homeowner is an exciting milestone, but the process can be intimidating. After diligently saving for a down payment and choosing a reputable mortgage lender, youâre left with a seemingly endless list of decisions. With so many mortgage options, itâs tough
The post 17 Questions to Ask Your Mortgage Lender appeared first on MintLife Blog.
There Is No Free Mortgage
Youâve heard the term âno free lunch.â Well, the same is true of home loans. There is no âfree mortgage.â Sure, banks and lenders will offer deals that make it look that way. Theyâll give you a mortgage without closing costs. Or without points. But that doesnât mean itâs free. At the end of the… Read More »There Is No Free Mortgage
The post There Is No Free Mortgage appeared first on The Truth About Mortgage.
2020 Loan Limits Rise Above $500,000 for Conforming Mortgages
Itâs that special time of the year again when the Federal Housing Finance Agency (FHFA) adjusts the conforming loan limit for the upcoming year. As expected, the loan limit is going up again thanks to another year-over-year increase in home prices nationwide. Per the FHFA’s seasonally adjusted, expanded-data home price index (HPI), residential property values… Read More »2020 Loan Limits Rise Above $500,000 for Conforming Mortgages
The post 2020 Loan Limits Rise Above $500,000 for Conforming Mortgages appeared first on The Truth About Mortgage.
30-Year Fixed Mortgage Up Slightly
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…