Home Loan Rate Trends Mortgage Rates Jump In this week’s survey, the 30-year fixed-rate mortgage jumped 19 basis points to 4.90 percent. Rates are now at their highest level since the week of April 14, 2011. Rising rates paired with high and escalating home prices … Learn more Primary Mortgage Market Survey® by Freddie Mac 30-Year […]
News
Mortgage Rates: Sep 27, 2018
Home Loan Rate Trends The 30-year fixed-rate mortgage rose for the fifth consecutive week to 4.72 percent – a high not seen since April 28, 2011 (4.78 percent). The robust economy, rising Treasury yields and the anticipation of more short-term … Learn more Primary Mortgage Market Survey® by Freddie Mac 30-Year FRM 15-Year FRM 5-Year ARM […]
Mortgage Rates: Sep 13, 2018
Home Loan Rate Trends The one-two punch of strong job and consumer credit growth drove mortgage rates up to their highest mark since August 2. Mortgage rates are currently 0.82 percent higher than a year ago, which is the biggest … Learn more Primary Mortgage Market Survey® by Freddie Mac 30-Year FRM 15-Year FRM 5-Year ARM […]
Mortgage Rates: Aug 30, 2018
Home Loan Rate Trends The 30-year fixed-rate mortgage barely inched up this week, continuing the summer trend of essentially being flat. While sales and price growth have softened these last few months, this leveling of rates may be helping … Learn more Primary Mortgage Market Survey® by Freddie Mac 30-Year FRM 15-Year FRM 5-Year ARM Average […]
Mortgage Rates: Aug 16, 2018
Home Loan Rate Trends Mortgage rates remained mostly flat over the past week, which has been the dominant theme since late spring. This stability in borrowing costs comes despite the highest core inflation rates since 2008 and turbulence in … Learn more Primary Mortgage Market Survey® by Freddie Mac 30-Year FRM 15-Year FRM 5-Year ARM Average […]
Are you buying your first home?
Five things you need to do first. Looking to purchase your very first home? Congratulations! It’s an exciting purchase and one that can provide a lot of benefits and advantages. So, what should you do to be a smart home buyer and be prepared for the largest purchase you’ll ever make? There’s plenty of advice […]
Do you need an appraisal?
Maybe not. Whether you’re refinancing or purchasing a home, it may be possible to do so without an appraisal. The Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) have both announced a new property valuation option. Consumers who are buying homes or refinancing existing mortgage loans may be […]
Five Myths About VA Loans
Nonsense About VA Loans We hear a lot about Veterans Affairs (VA) Loans that just isn’t true — some of it from professionals — so we thought we’d dispel the top 5 MYTHS about VA financing … MYTH: VA loans take a long time. TRUTH: VA loans do not take any longer to close than […]
