Rates
How Do CDs Work?
A certificate of deposit, more commonly known as a CD, is a special type of savings account. You deposit your money into the account and agree not to make any withdrawals for a certain period of time. At the end of that time, you get your money plus whatever was earned in interest back. Want… Read More
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Selling Your Home in the Age of Coronavirus? Here Are All Your Top Questions, Answered
Curious about the nitty-gritty details of how to sell your home during a pandemic? Weâve got you covered. Check out the answers to the most frequently asked questions.
The post Selling Your Home in the Age of Coronavirus? Here Are All Your Top Questions, Answered appeared first on Real Estate News & Insights | realtor.com®.
Wallowa County, Oregon VA Loan Information
Table of Contents What is the VA Loan Limit? How to Apply for a VA Home Loan? What is the Median Home Price? What are the VA Appraisal Fees? Do I need Flood Insurance? How do I learn about Property Taxes? What is the Population? What are the major cities? About Wallowa County Veteran Information […]
The post Wallowa County, Oregon VA Loan Information appeared first on VA Home Loan Centers.
Current Mortgage Rates Continue to Rise Gradually
Here we go with yet another week. We should be in for a bit of action with a handful of speaking engagements from Federal Reserve officials and the September Jobs Report on Friday morning. Mortgage rates will likely remain in a tight range but it wouldn’t be too surprising if they jumped around a little…. View Article
Mortgage and refinance rates today, January 19, 2021
Today’s mortgage and refinance rates Average mortgage rates had a good week last week with another small fall on Friday. They’re now 10 or 11 basis points (a basis point […]
What to do when your CARES Act mortgage forbearance ends
Millions of CARES Act mortgage forbearance plans are set to end in September and October Should you extend your forbearance plan or exit?
Rates Rising at Fastest Pace in Months
Mortgage rates are coming off a rough week– the roughest , in fact, since June 2020 by some measures. That’s the last time rates rose this quickly for market-driven reasons. There were a few instances of bigger moves in Aug/Sept as the new refinance fee was announced, delayed, and ultimately implemented. Either way, things aren’t great right now, relatively speaking. The “relative” qualification is important considering this abrupt move higher has yet to threaten to take the average top tier 30yr fixed quote above 3%–far from it, in fact. Most lenders can still offer 2.875% or better on refis and 2.625% or better on purchases. This assumes an ideal scenario with 20%+ equity, strong credit, etc. If this drama were to conclude right now, it wouldn’t be that big of a deal in the bigger picture
MBS Day Ahead: Waiting On Stimulus Details, Shrugging Off Early Reports of $2 Trillion
Posted To: MBS Commentary
A few hours after markets closed yesterday, news began coming out regarding a Biden aide mentioning tonight's stimulus proposal would be in the $2 trillion neighborhood. That's quite a bit more than the $1.3 trillion that had been making the rounds a few hours prior (the same number was thrown around more than a month ago as well). Treasuries reacted to this overnight with a whopping sell-off of 3bps. This reflects the fact that markets have largely priced in some sort of $1.3+ trillion in additional spending/relief. We won't get a chance to any additional reaction until tomorrow's trading session, as Biden won't be speaking until after 7pm ET. It's another light day in terms of economic data, with Jobless Claims already out at 965k vs 795k forecast and 784k previously…(read more)
Mortgage Borrowers Should Know Their Rates
Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market.
Yet nearly three-in-10 mortgage borrowers (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by Bankrate.
This is a big problem, says Martin Choy, operations manager at Westwood Mortgage in Seattle.