UWM announces 1.99% rate for 30-year fixed mortgage – HousingWire
UWM announces 1.99% rate for 30-year fixed mortgage HousingWire
UWM announces 1.99% rate for 30-year fixed mortgage HousingWire
Over the past decade, mortgage refinancing has grown in popularity. Not that big of a surprise, considering weâve seen a sizable drop in mortgage rates during this time. At the height of the housing crisis in 2008, rates averaged about 6% for a 30-year fixed-rate mortgage . Currently, the average rate for a 30-year fixed […]
The post Hereâs How To Refinance A Mortgage (And Know If Itâs Right For You) appeared first on SoFi.
Economists think that low mortgage rates will continue to boost housing demand in coming months.
The post U.S. Existing Home Sales Rise in January as Buyers âSnatch Upâ Any New Listings appeared first on Real Estate News & Insights | realtor.com®.
A no-closing-cost refinance or home purchase saves you money upfront But your rate will be higher. Learn when a no-cost mortgage is a good idea.
There’s no precedent for the winning streak enjoyed by mortgage rates in the 2nd half of 2020. We’ve never seen so many new record lows in the same year, and we never spent as much time at those lows (not even close). All of the above makes it easy to get lulled into a false sense of low-rate security, but it’s time to wake up. Actually, the alarm has been going off for a while now. Previous posts pointed out the disconnect between the bond market and mortgage rates on multiple occasions in 2020. Near the end of the year, we warned against complacency in no unspecific terms . Following the Georgia senate election, we’ve been tracking a surge in bond market volatility based on the expectation that it would increasingly spill over to the mortgage rate world. ( Read More: 1/8/21: Have We Seen
US long-term mortgage rates rise slightly; 30-year at 2.81% Journal Record
Mortgage rates are still meager, historically speaking, but 3.375% or higher may be enough to slow the home price growth rate â which, right now, is simply too hot. The days on the market went from 43 days last year to 21 days currently.
The post Existing home sales are still too hot appeared first on HousingWire.
Today’s mortgage rates bump up again | February 12, 2021 Fox Business
Single-family permits, a leading indicator of future starts, are up nearly 30% from one year ago. But there’s still not enough supply for homebuilders.
The post Homebuilders preparing for big 2021, data suggests appeared first on HousingWire.