Any downtrend in rates brings temptations and pressures to both professionals and civilians. Hence, a number of rules cribbed from prior declines and adjusted to this one. 7 rules of falling mortgage rates 1. The most powerful is the most obvious, and hence quite possibly the most overlooked: ... » Learn More about 7 rules of falling mortgage rates
Mortgage rates
Average 30-year mortgage falls to 3.54%
Long-term U.S. rates on mortgages fell in the week for a second straight week amid continued global economic concerns. Mortgage buyer Freddie Mac said Thursday the average 30-year fixed-rate mortgage dipped to 3.54 percent from 3.60 percent a week ago. That is well below its level a year ago of 4.00 ... » Learn More about Average 30-year mortgage falls to 3.54%
Mortgage Rates End Week on Hopeful Note
Mortgage rates found their footing yesterday, moving sideways to slightly lower after losing ground the past couple of days. Earlier in the week, rates hit their lowest levels in 3 years. While today's improvements don't quite get us back there, they keep us very close. Perhaps even more ... » Learn More about Mortgage Rates End Week on Hopeful Note
Rates on mortgages Drop, Near 2016 Lows
Rates on mortgages are hovering just above their lowest point of the year, Freddie Mac reports in its weekly mortgage market survey. Rates on mortgages Drop, To Near 2016 Lows "The Fed's decision to stand pat followed by a week of assorted unsettling news drove Treasury yields lower," says Sean ... » Learn More about Rates on mortgages Drop, Near 2016 Lows
Mortgage Rates Where are they going to?
So far, 2016 has held an endless number of shockers so far and we aren't even into the end of the quarter! So to say the same holds true with the interest rate on mortgages goes without saying. Most economists had expected rates on mortgages to generally be higher than they're today. Instead, rates ... » Learn More about Mortgage Rates Where are they going to?
