Freddie Mac reports 30-year mortgage rates dropping again, and hiding beneath 3.5%. Mortgage rates are down close to 60 basis points (0.60%) from the New Year. Continue reading
Archive | Mortgage
RSS feed for this sectionMortgage discount points explained
Details on mortgage discount points. How they work and what they cost. Compare today’s discount points and get today’s live mortgage rates. Continue reading
Job change? You can still get mortgage-approved
Changing jobs probably won’t jeopardize your mortgage approval, but switching careers might. Understand the nuance with which lenders will judge your move. Continue reading
September 2016 Mortgage Rates (Purchase & Refinance)
Experts said mortgage rates would 4.5% by now. Instead, they’re below 3.5%. For September 2016, there are several threats to today’s low rates. Should you lock today? Continue reading
How to get a loan with a high debt-to-income ratio
High debt payments make it harder to get approved for your mortgage. When your debt-to-income ratio is too high, you can get it under control. Continue reading
Low Mortgage Rates : Should You Automatically Refinance?
Mortgage refinance rates are near record lows. Now is the time to refinance — in general. How to know whether it’s the right time for you. Continue reading
Buying a Home: Meet (Or Beat) Your Closing Date
Be proactive as a home buyer. Put strategies in place to speed the home buying process, and meet your agreed-upon closing date. Continue reading
August Jobs Report: Mortgage Rates Move Lower
The July Non-Farm Payrolls was better than Wall Street expectations. Mortgage rates are rising. The Federal Reserve may not raise rates in 2016. Continue reading
Freddie Mac: Mortgage Rates Streak Hits 10 Weeks
Mortgage rates have held below 3.5% for 10 straight weeks. This has never happened in history. Is it your last chance to get cheap rate for a purchase, or to do that home loan refinance? Continue reading
Rent-To-Own Homes : Move In Now, Buy Later
Save for a home by paying rent each month. Rent-to-own homes can benefit both buyer and seller, but make sure there’s a water-tight agreement in place. Continue reading