Mortgage Rates and Financial News and Tips
Mortgage Rates Drop Again, Applications Rise Slightly
On Thursday, November 30, 2023, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.22 percent, down from last week when it averaged 7.29 percent. A year ago at this time, the 30-year…
Read More6 Reasons to Do an Annual Mortgage Checkup in 2023
Mortgage rates have been on the uptick in 2023, and home values are still rising, although not as quickly as they did in the past few years. This means that it’s more important than ever to make sure your mortgage…
Read MoreHigh Interest Rates – Are they Here to Stay?
The surge in interest rates has had a significant impact on the real estate market in the USA. Higher borrowing costs have made it more expensive to buy a home, which has dampened demand and led to a slowdown in…
Read MoreHow Much Do You REALLY Know About VA Loans?
Most veterans and military service members know VA loans are out there – and that they can help them buy a home more easily and, in most cases, more affordably.
But when it comes down to the nitty-gritty details of these mortgage options? Things get a little murkier.
In honor of Veterans Day this Saturday, we’re taking a closer look at VA loans – and what veterans should know about using them.
2 simple ways you can lower your mortgage payments
You’re ready to buy a home, and as luck would have it, rates and house prices are through the roof! Don’t be discouraged — now, there’s a way to reduce your monthly mortgage payments. And it won’t cost you a…
Read MoreRemote Work and Home buying — Open Possibilities
In recent years, a monumental shift has taken place in the way Americans work, with remote employment becoming a driving force behind this transformation. The rise of remote work has been nothing short of remarkable, with experts projecting that by…
Read MoreCredit Do’s & Don’ts While Getting a Mortgage
When shopping for a home in the 2023 United States real estate market, maintaining good credit remains crucial to secure the best interest rates and terms for your mortgage. Here are some updated tips on what to do and what…
Read MoreA Rise in Household Debt
The COVID-19 pandemic has created a financial landscape filled with uncertainty and unprecedented challenges. One of the most notable trends that have emerged during this time is the substantial increase in household debt. Let’s delve into the reasons behind this…
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