What Factors Influence The Mortgage Rates


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Last updated on May 16th, 2022 at 08:41 amMortgage rates have been revolving around all-time lows for one year, but they will begin a sustained rise.  In the coming months, economists are expecting the rates to rise because the interestContinue Reading

Mortgage rates this week have increased above 3% reports PMMS


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According to the latest Freddie Mac, PMMS mortgage report, the Mortgage rates this week have increased above 3% The 30-year fixed-rate mortgage went up 12 basis points from 2.98% last week to 3.10%. Last year same time, it averaged atContinue Reading

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


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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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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

Mortgage Rates Are Going Higher As Fed Plans Bond Taper


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Last week Mortgage rates rises to a three-month as the bond markets responded to the Federal Reserve’s broadcast it would “soon” start tapering its fixed-asset purchases. For a 30-year fixed home loan the average U.S rate rises to 3.01%, theContinue Reading

The Current Mortgage Rates


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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

Today's Mortgage Rates Dropped Giving Homebuyers And Homeowners An Opportunity


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The 30-year fixed-mortgage rate average dropped by 1 basis point compared to last week today the rate is 3.02%. The average rate for a 15-year fixed term decreased to 2 basis points from the same time a week ago todayContinue Reading

Mortgage Rates Move Upward


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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

Two Sides Of A Coin


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While the average long-term mortgage rate has not changed since last week. The economy shows improvement even while hospitalizations have increased due to the delta variant rising up.  Freddie Mac said that the average rate for a 30-year mortgage stayedContinue Reading

Delta Variant Adds Uncertainty To Mortgage Rates


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Even as the US Treasury yields have climbed up this week, mortgage rates have not moved due to the uncertainty that the delta variant has brought in. Freddie Mac chief economist Sam Khater said that the race between the economicContinue Reading