More Lenders are Allowing Home Buyers to Crowdfund their Down Payment
Rising home prices, which are estimated to be increasing at more than double the pace of average hourly earnings, are making it even more challenging […]
Loans & Mortgages
Homebuilders Oppose GOP Plan to Reduce Mortgage Interest Deductions
GOP lawmakers are proposing a 50 percent reduction in the amount mortgage interest deductions that homeowners can claim on their tax returns, according to the […]
Mortgage Rates Continue to Creep Higher
Weekly Mortgage rates crept up again by mid-October, according to Freddie Mac’s latest Primary Mortgage Market Survey. This is the biggest weekly increase in rates since July. […]
Mortgage Rates Slightly Higher for the Week, but Lower than a Month Ago
Mortgage rates edged up slight higher this week, according to Bank Rate: 30-Year Fixed Rate: 3.77%, up 3 basis points from last week, but lower […]
Weekly Mortgage Rates Drop Slightly
Weekly Mortgage rates dipped a bit in early August, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year fixed mortgage rate dropped to its lowest […]
Mortgage Rates Resume Drop
According to Freddie Mac’s latest Primary Mortgage Market Survey, the average U.S. mortgage rate dropped for the second consecutive week as of July 27, 2017: […]
Mortgage Rates Move Higher
Applications for real estate mortgages increased 1.4% from the previous week, according to information supplied by the Mortgage Bankers Association. However, on an annual basis, […]
30 Year Fixed Mortgages Exceed 4%
After 5 weeks of lower rates, weekly mortgages resumed their ascent yesterday, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). 30-Year Fixed-Rate mortgage (FRM): […]
Mortgage Rates Slightly Lower in March
Mortgage rates continued their downward direction despite a hot real estate market, according to Freddie Mac’s latest Primary Mortgage Market Survey. Some observers have attributed the […]
Strong Economy and Hot Job Market Drive Up Mortgage Rates
A strong economy and a hot job market is driving up interest rates, according to Freddie Mac’s latest Primary Mortgage Market Survey. 30-Year Fixed-Rate Mortgage: Averaged […]