Saturday, December 21, 2024

Loans

The Reason Mortgage Rates Jumped After the Fed Rate Cut

Well, it happened again. The Federal Reserve announced another rate cut and mortgage rates surged higher.In fact, the 30-year fixed now starts with a 7 instead of a...

2025 Mortgage Rate Predictions: Where Do They Go From Here?

It’s that time of the year when I look at what the next year might have in store for mortgage rates.It’s never easy...

Larger Loan Amounts Require Smaller Mortgage Rate Decreases …

While 2025 offers some hope mortgage rates will move lower, that’s still very much up in the air.There are renewed worries that inflation...

If You’re Serious About Selling Your Home, List Below the Ze…

Recently, I’ve encountered two very different types of for-sale listings in the market.There are the properties that go pending in about a week,...

Homeowners Who Refinanced Recently Saw the Biggest Mortgage …

When mortgage rates fell to around 6% in August, homeowners jumped at the opportunity to refinance.In the months of September and October, more...

Are We Still in a Falling Mortgage Rate Environment?

It’s been a wild ride for mortgage rates this year. The 30-year fixed began 2024 at around 6.625% and is currently not far...

Opt-Out Before You Begin Mortgage Shopping

Often times when you apply for a mortgage, you’ll be bombarded by offers from competing banks and lenders.The reason this happens is because...

Why You Might Want to Steer Clear of a Cash Out Refinance Ri…

It’s no secret that mortgage rates aren’t cheap anymore.In the first quarter of 2022, you could still get a 30-year fixed in the...

Bilt Card to Offer Point Earning on Mortgage Payments

Well, it sounds like the new Mesa Homeowners Card got the attention of one of its competitors.Bilt is best known for its credit...

Winter Is Coming for Mortgage Rates. Why That Might Be a Goo…

Mortgage rates have been on a wild ride the past few years. In fact, it was still possible to obtain a 3% 30-year...

The U.S. President Doesn’t Set Mortgage Rates

Mortgage rates are a pretty complex subject.They’re also commonly misunderstood and oversimplified, with many myths perpetuated by those who work in the industry.Some...