Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave – CNBC
Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave CNBC
Mortgage rates set new record low, falling below 3% as concerns rise about coronavirus second wave CNBC
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.
There’s an obvious trend toward higher rates as far as Treasury yields are concerned. This goes all the way back to August. Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that correlation recently. In fact, most of the 2nd half of 2020 saw mortgage rates fall while Treasury yields continued higher. The chart above doesn’t tell the whole story because it uses a separate y-axis for each line. Here’s the same time frame with mortgage rates and 10yr yields on the same axis: That still doesn’t tell us much although we can certainly see different patterns. Here’s another look at the same two rates on the same axis, but this time we’re charting the CHANGE since Jan 1, 2020. This one probably tells the story better than the rest
Todayâs Mortgage Rates, January 6, 2021 | Rates decrease Bankrate.com
Today weâll check out a mortgage lender based in the south by the name âAssurance Financial,â which is headquartered in Baton Rouge, Louisiana. Aside from being fans of LSU, they also say you can apply for a mortgage during halftime, which is handy if youâre a sports fan. Theyâre able to get things done quickly [&hellip
The post Assurance Financial Review: So Fast You Can Apply During Halftime first appeared on The Truth About Mortgage.
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.
Today’s mortgage and refinance rates Average mortgage rates inched higher again last Friday. Although last week saw mostly rises, each movement was small. And these rates remain exceptionally low. First […]
Posted To: MND NewsWire
Consumers expressed more positive sentiments toward the housing market as 2021 arrived, sending Fannie Mae’s Home Purchase Sentiment Index (HPSI) a bit higher. The most significant gains came from increased optimism about the climate for selling a home. The index increased by 3.7 points to 77.7 in January, erasing at least a portion of its 6-point loss in December. Fifty-seven percent of consumers contacted by the monthly National Housing Survey said they felt it was a good time to sell a home, up 7 points from December, while those who viewed it as a bad time dropped 9 points to 33 percent. This left the net positive answers at 24 percent, a 16-point month-over-month increase and 21 points higher than in January of last year. Positive feelings about buying a home were unchanged from December…(read more)
Current National Mortgage Rates, January 22nd, 2021 â Rates taper off Bankrate.com
Millennials made up 61 percent of home loans in July The Real Deal