30-Year Fixed Mortgage Rate Remains at Historic Lows
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
When you are ready to buy a house, the amount you can afford is an important factor to consider. To make this process simpler, here are five tips to follow.
The post How Much Should I Spend on a House? 5 Tips to Help You Make a Decision appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.58 percent, up from 3.48 percent at this same time last week.
Today weâll discuss the key differences between a mortgage co-borrower and a mortgage co-signer. While the two phrases sound pretty similar, and are sometimes used interchangeably, there are important distinctions that you should be aware of it considering either. In either case, the presence of an additional borrower or co-signer is likely there to help… Read More »Mortgage Co-Borrower vs. Co-Signer
The post Mortgage Co-Borrower vs. Co-Signer appeared first on The Truth About Mortgage.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
New loan activity stormed out of the holidays with a large surge, aided by mortgage rates dropping to lows not seen in months, according to the Mortgage Bankers Association. “Mortgage application activity rebounded strongly in the first full week of January, with both refinance and purchase activity increasing by double-digit percentages, compared to last week, … [Read more…]
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.37 percent, down from 3.4 percent.
Mortgage rates take a breather after rising for several weeks in a row CNN
To say the last couple weeks have been bad for mortgage rates (and consumers) would be an enormous understatement. In fact, over the past month mortgage rates on the ever fashionable 30-year fixed have risen nearly a full percentage point. Weâre talking rates of around 3.375% in early May that have since rocketed to around… Read More »Mortgage Rates Experience Largest Single-Week Increase Since 2011
The post Mortgage Rates Experience Largest Single-Week Increase Since 2011 appeared first on The Truth About Mortgage.
A friend out in California asked me how much, on average, I spend on a bottle of wine. I replied, âAbout half an hour.â Plenty of wine is being consumed while watching Yellowstone and 1923, and while all the women are ogling Spencer Dutton in 1923, in some non-mortgage news to save the economy the Secretary of Homeland Security will announce next month that the Immigration and Customs Enforcement will start deporting seniors (instead of illegals) to lower Social Security and Medicare costs. A major study concluded that older people are easier to catch, offer less resistance, and, more importantly, will not remember how to get back home. In actual news, lenders who own servicing continue to peel it off because it either doesnât fit their portfolio, or they need the cash. The owners of lenders continue to examine various business strategies as we start 2023, with some thinking that it doesnât make sense to remain the size they are. There was a lot of mergers and acquisition activity last year, big and small. I am told by my M&A friends at STRATMOR (Garth & David) that 2023 is lining up for even more. (Both will be in San Diego at the IMB Conference if you want to confidentially meet up.) This weekâs podcast is sponsored by Candor. Candorâs patented automated underwriting decision engine, CogniTechâ¢, is a state-of-the-art, 100% machine platform that can handle infinite loan scenarios. Todayâs has Part Two of an interview with Tom Booker and Tom Showalter on how every underwrite is an anomaly.