mortgage rates

Mortgage Weekly Update

Mortgage Rates Rise and Applications Fall     

By Suzanne Odonnell / February 15, 2024
Posted in

On Thursday, February 15, 2024, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.77 percent, up from last week when it averaged 6.64 percent. A year ago at this time, the 30-year…

Read More
Why Are 2019 Mortgage Rates Dropping So Low?

How Low Will Mortgage Rates Drop in 2019?

By Aly Yale / August 19, 2019
Posted in

You might have seen the headlines: mortgage rates are dropping — and have been for some time. In fact, as of mid-August, they’re actually near three-year lows. That means refinancing your mortgage or buying a home might be more affordable…

Read More
Woman sitting cross legged on floor with a computer

2018 Mortgage Rates: How They Work

By Embrace Home Loans Staff / May 21, 2018
Posted in ,

If you’ve never bought a home before, or even if you have, the most mysterious piece of the mortgage loan process is understanding current mortgage interest rates. How are mortgage rates determined? Why do mortgage rates fluctuate? And why do…

Read More
shopping for mortgage rates

Shopping for the Best Mortgage Rates

By Aly Yale / February 26, 2018
Posted in

Most people wouldn’t buy a new computer without shopping around first. They’d research different models and manufacturers, try out a few options in store, and compare pricing online and in their local electronics shops—all to ensure they get the absolute…

Read More