Mortgage Interest Rates Goes Above 6% For The First Since 2008

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In: Mortgage News

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The most popular mortgages in the United States now have an average interest rate above 6%, the first time since 2008 that number has been exceeded. According to data from the Mortgage Bankers Association (MBA), average interest rates have doubledContinue Reading

Will the Mortgage Interest Rates Hit 5% mark Soon?

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In: New Home Mortgage News

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Last updated on October 2nd, 2023 at 08:19 pmFor as long as a decade, American property holders became used to mortgage rates that once would have been unbelievably low. The rate on a 30-year loan began with a three orContinue Reading

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

Which Direction Would the Mortgage Rates Move With The Onset Of New COVID Variant?

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In: Mortgage News

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Even in the midst of market volatility and economic threats and the COVID variant, the US mortgage rates increased this week and remained relatively stable. According to the latest Primary Mortgage Market Survey of Freddie Mac the first weekend ofContinue Reading

Mortgage Rates and Trends - OCTOBER 21 2021

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In: Mortgage News

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Mortgage rates mostly sat still Wednesday, with the most trendy home loan types remaining flat and a few fixed-rate averages dropping just a point or two. This follows rates bolting Monday to their peak averages since March. National Averages ofContinue Reading

The Current Mortgage Rates

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In: Mortgage News

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The current mortgage rates can have a huge bang on how much you pay for your home. Where a competitive mortgage rate can help you lower your monthly housing payment, paying more for a home loan can leave you payingContinue Reading

Current Mortgage Rates Jump UP

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In: Mortgage News

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Even while the rates are up today this is still a good time to lock your mortgage rates because they are still historically low. The average mortgage rate for 30 years fixed loan changed by 0.05% basis point it isContinue Reading

Mortgage Rate Today And Preparation For Home Buying

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In: New Home Mortgage News

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According to Bankrate.com today, the average rate on a 30-year fixed mortgage is 3.08% with an APR of 3.30% the rate went down 2 basis points since the same time last week from 3.10%. The 15-year fixed mortgage has anContinue Reading

The Mortgage Rates Today

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In: Mortgage News

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Last updated on September 8th, 2021 at 03:22 pmThe average rates for fixed-rate mortgage loans rose since last week but they are still lower for fixed rates loans than they are for ARMs loans. Today the average rate of 30Continue Reading

Mortgage and refinance Rates For today June 9th 2021

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Last updated on December 26th, 2022 at 09:35 pmMortgage and refinance rates today The Average mortgage rates nudged lower yesterday, as anticipated. It was in line with the small daily variations we have grown used to recently. First thing, thereContinue Reading