Loans
A Temporary Buydown Could Make Sense While Mortgage Rates Co…
Last week, I argued that mortgage rates remain in a downward trend, despite some pullback lately.The 30-year fixed had almost been sub-6% when the Fed announced its rate...
Loans
If You Can’t Refinance, You Can Make Larger Mortgage Payment…
Did those higher mortgage rates ruin your plans to refinance your mortgage?Well, there might be a temporary solution to save some money while...
Loans
Are Mortgage Rates Just a Distraction for High Home Prices?
Over the past several years, we’ve been entirely focused on high mortgage rates.The 30-year fixed surged from sub-3% levels to around 8% in...
Loans
Is This Mortgage Rate Scare Going to Get Home Buyers Off the…
It’s not quite Halloween just yet, but home buyers may have already gotten a good scare.The 30-year fixed mortgage, for which most buyers...
Loans
Five Million Refinances Hinge on Mortgage Rates Falling Back…
In the mortgage rate world, it’s sometimes a game of inches.This can be true for both prospective home buyers and existing homeowners looking...
Loans
Mortgage Rates Don’t Move in a Straight Line Up or Down
Ever since the Fed announced their 50-basis point cut, mortgage rates have been climbing higher.In fact, they’re basically 50 bps higher since the...
Loans
Don’t Buy a Home with Friends
Recently, Zillow began airing a commercial called “Homeowner Mates.” It depicts three women moving into a home together.It shows their individual “BuyAbility” followed...
Loans
You Could Try a Mortgage Rate Modification Instead of a Refi…
Want to lower your mortgage rate without a traditional refinance? Look into a “mortgage rate modification,” which does just that.Instead of having to...
Loans
Did Mortgage Lenders Raise Their Early Bird 2025 Conforming …
Over the past several years, mortgage lenders have been offering “early bird” conforming loan limits for the upcoming year.This allows them to make...
Loans
Maybe Homeowners Are Struggling with Mortgage Loan Amount Lo…
When mortgage rates surged off their record lows in early 2022, the housing market ground to a halt.In the span of less than...
Loans
Those Double-Digit Mortgage Rates from the 80s Required You …
Even though mortgage rates have fallen quite a bit from their highs seen a year ago, they remain quite elevated relative to much...
