Term: Mortgage Rate
5 found

Mortgage Rates Dip Below 4%

By Steven Shaw on 10/21/2014

mortgage rates

People thought it wouldn’t happen this year, but it did: Average 30-year fixed mortgage rates dipped below 4% last week, hitting their lowest level in 2014, Freddie Mac said in a news release.

30-year fixed-rate mortgage
Mortgage Rate
Mortgage Rates

How Much Money Do You Need to Buy a House?

By Steven Shaw on 11/12/2013

How Much Money Do You Need to Buy a House?

Buying a home is still considered to be a lifetime accomplishment. How much cash you’re going to need upfront to do so is another story entirely. The funds needed to close the sale play an enormous role in your ability to get a home loan. If you’re serious about buying a home or will be in the future, how much of your income you should be saving to realistically seal the deal?

Home Loan
homeownership
Mortgage
Mortgage Rate

What’s Really Happening With Mortgage Rates?

By Steven Shaw on 8/20/2013

mortgage rates

To say mortgage rates are volatile right now is an understatement. Every few days for the past two months, there have been heavy swings in mortgage pricing, translating to strong gyration in mortgage rates.

Nothing can be more frustrating for a pre-approved potential homebuyer than knowing their ability to qualify and their subsequent proposed payment could change in an instant. But there are other options that can help take the volatility out of your house hunting.

Mortgage
Mortgage Rate

How Your Credit Can Drive Up the Cost of a Mortgage

By Steven Shaw on 8/15/2013

cost of a mortgage

Planning on getting a home loan anytime soon? Before you do, you should know that there are two types of loans that are inherently higher in cost than their traditional mortgage counterparts — and we’re not talking subprime or private money, either.

FHA mortgage
Mortgage
Mortgage Rate

Is It Too Late to Get a Good Mortgage Rate?

By Steven Shaw on 7/22/2013

good mortgage rate

Freddie Mac released the results of its Primary Mortgage Market Survey this week, which indicated that average fixed mortgage rates have declined slightly in the wake of the sharp increase after the Federal Reserve’s announcement that it will slow its bond-buying program in the near future.

Mortgage
Mortgage Rate