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Mortgage Delinquency Rate Records Q3 Uptick
The third quarter delinquency rate was up 25 basis points from the second quarter and up 17 basis points from one year earlier. Continue Reading Mortgage Delinquency Rate Records Q3 Uptick
Mortgage Rates Go Into a Slump
Freddie Mac’s Sam Khater said the 30-year fixed-rate mortgage recorded “the largest one-week decrease since last November.” Continue Reading Mortgage Rates Go Into a Slump
Additional Reading: Top Mortgage Industry News & Headlines
‘Signs of resilience’: Mortgage demand plummets to lowest 2023 level as rates rise for second week — but experts predict cooling rental prices will eventually bring rates below 6%
Source: Yahoo! --- U.S. mortgage rates have inched up for the second week in a row, following reports that the economy added a staggering 517,000 jobs and inflation climbed 0.5% in January. “At this rate, Americans need to put at least 18% down on the purchase of a...
Ask These 4 Questions to Save Money on a Home Purchase
Source: The Ascent --- Buying and owning a home is likely to be one of the most expensive money moves you'll ever make. Not only will you have upfront costs (such as a down payment to secure a mortgage loan), but you'll also be responsible for ongoing expenses like...
Mortgage overpayments vs savings: what’s the best option for your cash?
Source: Which --- With interest rates hitting heights not seen for years, overpaying on your mortgage is a tempting move that could save you tens of thousands in the long run. Having the extra cash available to make overpayments isn't something open to everyone in...
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