U.S. home purchases by international buyers are at their lowest level on record, new NAR data shows. But there’s reason to believe in a comeback. Continue reading….
Mortgage and refinance rates today, July 12, 2022
Today’s mortgage and refinance rates Average mortgage rates fell moderately yesterday. The change barely made a dent in the last three business day’s rises. But it took those rates a […] Continue reading
One good reason to refinance at a higher interest rate (Podcast)
Normally, homeowners refinance to get a lower rate. But there may be one good reason to refinance even if your rate goes up. Continue reading
Why first-time home buyers should look at older houses: Expert Q&A
Real estate and lending expert Michael Bourque explains why older housing is better and cheaper than new-builds for first-time home buyers. Continue reading
Mortgage and refinance rates today, July 13, 2022
Today’s mortgage and refinance rates Average mortgage rates fell again yesterday, though only moderately. And those rates are roughly back to where they were last Thursday and at the end […] Continue reading
Mortgage and refinance rates today, July 14, 2022
Today’s mortgage and refinance rates Average mortgage rates just inched higher yesterday. That was a real surprise because they began that morning moving strongly higher. So far this morning, it’s […] Continue reading
Mortgage and refinance rates today, July 15, 2022
Today’s mortgage and refinance rates Average mortgage rates rose again yesterday, but only moderately. The dramatic movements we’ve seen recently have tended to cancel each other out, leaving a gentle […] Continue reading
Mortgage and refinance rates today, July 16, and rate forecast for next week
Today’s mortgage and refinance rates Average mortgage rates were down yesterday — and over the entire week. But that was more likely to be a result of general volatility than […] Continue reading
Volatility in Mortgage Rates as Recession Fears Grow
Borrowing costs tick up again as the Federal Reserve’s inflation policy has economists bracing for even higher rates in the future. Continue reading….
Yun: Bolder Fed Inflation Policy May Catapult Mortgage Rates
With inflation reaching a new high in June, the Federal Reserve will likely take more aggressive action. And that could influence even higher mortgage rates, says NAR Chief Economist Lawrence Yun. Continue reading….