The Average Interest Rate on Mortgage Stayed Constant for the Week

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In: Mortgage News

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This week Freddie Mac reported that the average rate on the 30-year fixed-rate home loan dropped down from 3.11% the previous week to 3.10% last week, the rate was 2.71% in 2020. There was a dip in the average rateContinue Reading

Mortgage Rates Driver For The 1st Week Of May

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In: Mortgage News

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Last updated on May 16th, 2022 at 08:39 amIt is getting continuously difficult to predict mortgage rates. Depending on market sentiment, headlines, and other economic indicators they rise and fall. What could move markets this week? On Friday, the bigContinue Reading

The Driving Forces Of Mortgage Rates This Week

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In: Mortgage News

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Last updated on May 13th, 2022 at 04:45 pmMortgage rates rise and fall depending on a variety of economic indicators. Neither the existing home sales data by the National Association of Realtors nor new home sales by the federal governmentContinue Reading