Home Loan Rate Trends Mortgage Rates Decrease Mortgage rates have remained under three percent for three consecutive weeks. Consumer income and spending are picking up, which is leading to an acceleration in economic growth. The combination of low … Learn more Primary Mortgage Market Survey® by Freddie Mac May 6, 2021 30-Year FRM 15-Year FRM […]
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Mortgage Rates: Apr 22, 2021
Home Loan Rate Trends Mortgage Rates Dip Below Three Percent The drop in mortgage rates is good news for homeowners who are still looking to take advantage of the very low rate environment. Freddie Mac research suggests that lower income and minority homeowners … Learn more Primary Mortgage Market Survey® by Freddie Mac Apr 22, […]
20 Common Mortgage Questions
Whether you’re a first-time homebuyer or not, getting a mortgage can be a scary process. But when you’re armed with a little knowledge about what you’ll need, and what to expect, you can ease the anxiety. With that in mind, we’ve answered 20 of the most common questions would-be homebuyers have about mortgages — from […]
Mortgage Rates: Apr 8, 2021
Home Loan Rate Trends Mortgage Rates Drop After moving up for seven consecutive weeks, mortgage rates have dropped due to the recent, modest decline of U.S. Treasury yields. As the economy recovers, it should experience a strong rebound … Learn more Primary Mortgage Market Survey® by Freddie Mac Apr 8, 2021 30-Year FRM 15-Year FRM […]
Why do mortgage rates fluctuate?
Trying to predict the movement of home mortgage rates is tough — Even for seasoned professionals. Changing economic conditions is one of the biggest causes, as is the government’s monetary policy at a any given time. But at the center of it all is one primary driving force: Supply and demand. Using today’s economy — […]
Mortgage Rates: Mar 25, 2021
Home Loan Rate Trends Mortgage Rates Jump Up During the course of the pandemic, “home” has become more important than ever. As a result, strong purchase demand continues — but buyers also outnumber the sellers. Since January, mortgage rates have … Learn more Primary Mortgage Market Survey® by Freddie Mac Mar 25, 2021 30-Year FRM […]
Mortgage Rates: Mar 11, 2021
Home Loan Rate Trends Mortgage Rates Continue to Increase As the economy improves given labor market optimism, continued vaccination roll-out and additional stimulus pending, mortgage interest rates increased this week. But even as rates rise modestly, the housing market … Learn more Primary Mortgage Market Survey® by Freddie Mac Mar 11, 2021 30-Year FRM 15-Year […]
Mortgage Rates: Feb 25, 2021
Home Loan Rate Trends Mortgage Rates Rise Optimism continues as the economy slowly regains its footing, thus affecting mortgage rates. Though rates continue to rise, they remain near historic lows. However, when combined with demand-fueled rising … Learn more Primary Mortgage Market Survey® by Freddie Mac Feb 25, 2021 30-Year FRM 15-Year FRM 5-Year ARM […]