Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It’s hard to pin them down. Especially when geopolitics are involved.
Plan To Sell Within 5 Years? Consider An Adjustable-Rate Mortgage.
The interest rate gap between fixed-rate mortgages and adjustable-rate mortgages is growing. It peaked 2 weeks ago, but remains huge at 1.16 percentage points.
15-Year Fixed Rate Mortgages Look Cheap Compared To Comparable 30-Year Fixeds
If you’ve ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.
Cost of Living Reaches An All-Time High, Pressures Mortgage Rates Higher
Inflation fears are harming home buyers. The Cost of Living has reached a record level, surpassing the former peak set in July 2008. Mortgage rates would be rising more right now if not for the Middle East unrest.
Mortgage Rates Return To April 2010 Levels
As of this morning, mortgage rates are higher over 9 consecutive days, marking the longest mortgage rate losing streak in the last 6 years, at least.
Mortgage Rates Rise For The 7th Straight Day
Mortgage rates are rising. Homeowners have lost 10% of their purchasing power since November.
Loan Costs Increasing April 1, 2011
Starting April 1, 2011, loan-level pricing adjustments are increasing. Most conforming mortgage applicants will face higher loan costs.
Mortgage Rates Still Rising. Is This The End Of The Refi Boom?
With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending.