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

Still time to Save - Today mortgage rates held at money-saving lows 12th Oct 2021

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In: Mortgage News

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Based on data collected by Credible, mortgage rates remained unaffected since yesterday. 30-year fixed mortgage rates:125%, unchanged 20-year fixed mortgage rates:750%, unchanged 15-year fixed mortgage rates:250%, unchanged 10-year fixed mortgage rates:125%, unchanged  What this means: even though mortgage interest rates heldContinue Reading

Mortgage rates go down below 3% but aren’t expected to be there long

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In: Mortgage News

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After the previous week’s big jump, mortgage rates dragged back slightly. However, that dip is anticipated to be short-lived. In accordance with the newest data released Thursday by Freddie Mac, there was a fall in the 30-year fixed-rate average belowContinue Reading

For The First Time In 3 Weeks Mortgage Rates Drops

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In: Mortgage News

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After rising continuously for 21 days, the mortgage rates dropped last week, but it didn’t have much effect on mortgage demand. According to the Mortgage Bankers Association’s seasonally adjusted index last week the total application volume rose 1.6% compared toContinue 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

Borrower’s Hope Rises With The Fall In Mortgage Rates

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In: Refinance News

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Last updated on December 26th, 2022 at 09:34 pmFor the first time in 9-weeks, the mortgage rates have fallen. Though buying activity is limited due to rising house prices and low inventories. 30-year fixed rates were still down by 181Continue Reading

Mortgage Rates Slid Down

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In: Mortgage News

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Last updated on December 23rd, 2022 at 10:32 pmThe mortgage refinances rates have fallen since last Friday.  Even if the 30-year fixed mortgage is above 3%, across all loan types there is a drop in mortgage and refinance rates andContinue Reading

Mortgage Rates Continue To Fall Catch It If You Can!

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In: Mortgage News

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Last updated on February 2nd, 2021 at 05:31 pmLooking at Current Mortgage Refinance Rates The mortgage refinance rates have remained unchanged since last Friday, the 18th December. With an average of 2.417%, Fixed mortgages across all rates is lingering at a 75-dayContinue Reading