How to Pay for a Home Renovation – Buy Side from WSJ – The Wall Street Journal
How to Pay for a Home Renovation – Buy Side from WSJ The Wall Street Journal
How to Pay for a Home Renovation – Buy Side from WSJ The Wall Street Journal
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
Some home builders are offering mortgage rates as low as 3%. Here’s why they’re doing it. MarketWatch
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.95 percent, down from 3.98 percent.
How Are Mortgage Rates Determined? NextAdvisor
If youâre currently the proud owner of a mortgage, youâve undoubtedly heard of a cash-out refinance, one that allows you to tap into your home equity. They were quite popular during the housing boom, when homeowners serially refinanced and simultaneously pulled âcashâ from their homes while property values skyrocketed. You may have also heard the… Read More »What Is a Cash-In Refinance? Lower Your Loan Balance and Your Mortgage Rate
The post What Is a Cash-In Refinance? Lower Your Loan Balance and Your Mortgage Rate appeared first on The Truth About Mortgage.
Rising interest rates may not be as big of a deal as you think. Here’s why.
The post Will rising interest rates impact your finances? Here’s what you should know appeared first on Discover Bank – Banking Topics Blog.
If you cross paths with the average mortgage rate article (or tweet/post/etc) today, chances are you’ll see some mention of “rates moving lower.” That’s both true and untrue, depending on your perspective. The articles in question would likely be referring to mortgage rates for the current week versus those available last week. This is likely because Freddie Mac releases its weekly rate survey on Thursdays and the survey is widely cited by news outlets. Dig into the fine print and you’d find that the survey comes out today, but is based on data through yesterday. Moreover, this week’s survey is compared against last week’s survey regardless of the rate changes that took place on Thursday and Friday (not counted in last week’s survey). That’s particularly relevant in this case because last Thursday’s rates were the lowest in 4 months and they were only microscopically lower than that during this week’s finest moment (which occurred yesterday). Now today, the average lender is back above the levels seen yesterday and at the end of last week. All that to say that rates aren’t really lower than they were last week, even though yesterday’s rates were lower than the first 3 days of last week! Stepping back from the microscope a bit, we can simply say that the average lender remains in the low 6% range for top tier conventional 30yr fixed scenarios. The bigger news for rates may be the changes on the horizon regarding upfront costs based on credit, income, etc. (discussed in greater detail here: Some BIG Changes to Mortgage Costs Were Just Announced).
The 30-year fixed mortgage rate hovered between 4.17 and 4.22 percent for the majority of the week.
Lower mortgage rates, higher inventory increase mortgage demand HousingWire