Mortgage Industry News
5 things to consider if you’re choosing between a 15-year and a 30-year mortgage
Source: CNBC --- One of the most important parts of taking on a mortgage to buy a house is making sure the terms of the loan best suit your financial needs. Not only does this involve securing the lowest interest rate possible, it also means choosing the right...
Liz Weston: Should you tap your home equity as real estate values rise?
Source: Oregon Live --- Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their homes are worth. The average-priced home is up 42% since the start of the pandemic, and the average homeowner with a...
FP Explains: Everything you need to know about using a reverse mortgage
Source: Sault Star --- Have you ever viewed a reverse mortgage commercial and wondered whether it would help you maintain and enhance your retirement lifestyle? One of my clients certainly did. They knew they didn’t have quite enough money and they didn’t want to...
Today’s Mortgage Rates & Trends – September 23, 2021: Rates flat
Source: Investopedia --- With yesterday's Fed announcement revealing little new news, mortgage rates are mostly holding steady this week, with the 30-year rate marking time for a second day. Rates have been in a narrow bouncing pattern since early August, keeping the...
Today’s 30-year mortgage rates climb to 3% for first time in 69 days | Sept. 24, 2021
Source: Fox Business --- Based on data compiled by Credible, mortgage rates have risen across all terms since yesterday. 30-year fixed mortgage rates: 3.000%, up from 2.750%, +0.250 20-year fixed mortgage rates: 2.625%, up from 2.500%, +0.125 15-year fixed mortgage...
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Recent Posts
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