Over the last few months, the fixed mortgage rates have been rising steadily yet all mortgage rates are at all-time lows today. The Federal Reserve had announced that it will taper its purchasing of assets and mortgage-backed securities. The ratesContinue Reading
Compared to a year ago the refi applications have dropped sharply shows a new survey. The lenders warn that mortgage borrowers do not have much time to take advantage of the low refinance rate as it is a known factContinue Reading
For the most part of last year and this year, the fixed mortgage rates have been historically lower than adjustable rates. Now, adjustable rates are racing with fixed mortgage rates. The average purchase rate for a 30 year fixed rateContinue Reading
Last updated on September 5th, 2022 at 09:11 pmAccording to data compiled by Bankrate, across the country, the mortgage rates are mostly up compared to last week. The market saw an increase in rates for 30-year fixed, 15-year fixed, andContinue Reading
Today the rate on a 30-year fixed refinance dropped, providing homeowners an opportunity to refinance and take advantage of the historically low rate. According to Bankrate.com the average rate on a 30-year fixed mortgage dropped to 3.21% with an APRContinue Reading
Average mortgage rates dropped lower yesterday. Phew! That was the first fall in 10 calendar days and felt overdue. Today’s rates might feel high. But that’s only compared with parts of 2020 and 2021. Go back any further and they’reContinue Reading
Today August 26, 2021, according to Bankrate’s latest survey. The economy, treasury bond rates, and demand are the factors driving mortgage rates which change all the time. The average interest rate for a home purchase for the term of 30Continue Reading
Since last Friday the current mortgage refinances rates are more or less the same, except for the 15-year rates that edged up. Usually, the mortgage refinances rates are higher than interest rates for purchase mortgages. And throughout this year theContinue Reading
Last updated on August 8th, 2022 at 08:47 amToday, multiple refinance rates dropped. Both the popular refinance term; 15-year fixed and 30-year fixed saw a slump in their average rates. There was also a decrease in the average rate onContinue Reading
Last updated on December 26th, 2022 at 09:35 pmCompared to the same time last week many benchmarks refinance interest rates dropped down today. 30-year fixed refinance rate: 3.15%, down by 0.06 basis point a week ago was 3.21% and aContinue Reading
