Mortgage Rates Decrease Again and Applications Rise
On Thursday, March 30, 2023, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent, down from last week when it averaged 6.42 percent. A year ago at this time, the 30-year FRM…Read More
How Low Will Mortgage Rates Drop in 2019?
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
2018 Mortgage Rates: How They Work
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 the Best Mortgage Rates
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