News

3% mortgage rates aren’t dead—housing market sees 127% increase in buyers taking over old loans
While most conventional loans aren’t assumable, loans backed by the FHA and VA are—if certain conditions are met.
Mortgage Applications Today: Mortgage Rate Decline Drives Second Week of Rising Home Loans
Declining mortgage interest rates helped boost home loan applications for a second week, as the summer selling season is ...
Will lower mortgage rates save California’s housing market?
A May buyer’s estimated house payment of $4,700 is off 3% in a year. Still, that burden has tripled in 10 years.
As mortgage rates remain stagnant, here’s what homebuyers should know
Major industry organizations, including the Mortgage Bankers Association, Freddie Mac and Fannie Mae, expect mortgage rates ...
Homeowners Who Gambled on Lower Rates Are Paying the Price
Mortgage rates holding stubbornly above 6.6% leave many people stuck with higher monthly costs and no path to refinance ...
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What interest rate hikes do to your mortgage payment
Interest rate increases hit homeowners where it hurts most – their monthly budget. While Federal Reserve decisions might seem ...
Refinance applications surge as mortgage interest rates tick down
Americans saw a chance to save a few dollars on their monthly mortgage payments and took it, pushing refinance applications ...
Mortgage rates see slight rise in US: 30-year fixed now at 6.59%
Mortgage rates hiked a little on July 5, but weren't too high. Today, the average 30-year fixed mortgage rate increased by ...