Mortgage Rates Are Down But It May Not Be A Turning Point

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In: Mortgage News

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Some lenders saw a sharp increase in mortgage demand from borrowers after interest rates fell last week due to low inflation.  Still, executives and lenders say it’s too early to call this a turning point in the shrinking mortgage market. Continue Reading

Mortgage Rate Trending Down

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In: Mortgage News

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Last updated on July 25th, 2022 at 09:29 amToday many notable mortgage rates declined. Both 30-year fixed and 15-year fixed mortgages averages also slid down.  There was a downward movement in the average rate of 5/1 adjustable-rate mortgages (ARM). MortgageContinue Reading