Mortgage Rates Bobbing

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In: Mortgage News

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Mortgage demand dropped as rates rose again for most of last week, but with the news of a new variant of COVID, things changed by the end of the week. According to the Mortgage Bankers Association, the average rate onContinue Reading

Mortgage Interest Rates Rise Today

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In: Mortgage News

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Last updated on September 5th, 2022 at 09:11 pmAccording to data compiled by Bankrate, the average mortgage rates rose for all types of loans compared to last week.  Rates increased for 30-year fixed, 15-year fixed, 5/1 ARMs, and jumbo loans.Continue Reading

Mortgage Rates Move Upward

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In: Mortgage News

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As a few important mortgage rates increased let us look at how that can affect our mortgage plans. The most frequently used loan term, average 30-year fixed mortgage interest rate increased by 1 basis point since last week it isContinue Reading