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Mortgage rates tick up but remain low in final days of 2021

Mortgage rates tick up but remain low in final days of 2021

Source: ABC News --- SILVER SPRING, Md. -- Average long-term U.S. mortgage rates moved slightly higher in the final week of 2021. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark, 30-year home loan ticked up to 3.11% this week from...

Omicron variant drives decrease in mortgage rates: Freddie Mac

Omicron variant drives decrease in mortgage rates: Freddie Mac

Source: Fox Business --- Mortgage interest rates dropped after the COVID-19 omicron variant began spreading across the U.S., according to the latest data from Freddie Mac.  "Market volatility" caused the 30-year mortgage to drop seven percentage points – to 3.05% APR...

2022 Predictions: Real Estate Bubbles And More SPACs?

2022 Predictions: Real Estate Bubbles And More SPACs?

Source: Forbes --- At long last, 2021 is drawing to a close, and the new year is right around the corner. This past year brought a return to stadiums for college football and a new era of Name, Image and Likeness (NIL) deals, the delta and omicron variants, surging...

Let’s Move In Together (And You Can Help Me Pay My Mortgage)

Let’s Move In Together (And You Can Help Me Pay My Mortgage)

Source: Bloomberg --- First comes love and then comes ... a frank discussion about the realities of moving in together. There’s one question that comes up a lot among couples and is bound to be even more commonplace in a hot housing market: What happens when you’re...

Should You Hire a Mortgage Broker or Do It Yourself?

Should You Hire a Mortgage Broker or Do It Yourself?

Source: Go Banking Rates --- When you’re ready to buy a home, you may wonder if you should try to shop for a mortgage on your own or reach out to mortgage broker for help. A mortgage broker can be very helpful in the process, especially for people who are...