Mortgage rates are all over the place today — there hasn’t been a clear shift upward or downward since yesterday. For example, Zillow data shows that the average 30-year fixed mortgage rate is down five basis points at 6.01%, the 20-year fixed rate hasn’t changed and sits at 5.69%, and the 15-year fixed rate increased
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Mortgage rates dropped substantially earlier this month and they remain low today. Average
As fall approaches real estate professionals are taking a pragmatic approach as they wait for buyers and sellers to gain more confidence. Gary Mintz, a realtor with Berkshire Hathaway HomeServices Fox & Roach in Philadelphia, said business was at best okay for the first half of 2024. “I am ‘hopeful’ that I will have a good
article House for sale. (Artur Widak/NurPhoto via Getty Images) Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market. Today, mortgage rates are more than double what they were in 2021 and are sidelining many people from the market, including sellers
TYLER, Texas (KLTV) – As mortgage rates continue to trend downward, East Texas realtors and lenders predict more buyers and sellers will affect the local housing market. According to Freddie Mac, the national mortgage rate sits at just under 6.5%, the lowest it’s been in 15 months. “I feel like once people started speaking about
How’s this for an if/then proposition?: If mortgage rates go down, mortgages become cheaper, then more people borrow to buy a home. Makes sense, right? Well, maybe not. The Mortgage Bankers Association reported this week that the average rate on a 30-year fixed dropped to 6.5%, the lowest level in well over a year. Yet
For the second month in a row, the average 30-year fixed rate mortgage has decreased, according to State Treasurer Todd Russ. Russ’ monthly report says the rate dropped from June to July by 1.01%, down to 6.85%. “Despite rates elevated and fluctuating within a relatively narrow range, many housing market experts expect rates to recede
Homebuyers and owners looking to refinance should monitor mortgage rate activity on a daily basis. Getty Images Mortgage interest rates could soon be affordable again. That seems to be the loud message after inflation dropped again for the fourth consecutive month and Federal Reserve Chairman Jerome Powell said the “time has come” to cut the
Staffing Service, Warehouse, Marketing, AI Tools; Shared Appreciation Mortgage; Join an Organization! “There’s a fine line between a numerator and a denominator. Only a fraction of people will find this funny.” Our business is a business of numbers. My son Robbie and I were fortunate to spend some time with the MBA’s Chief
The new proceeds would be used primarily for expanding its assets under management, and bolstering LoanKuber’s technological infrastructure LoanKuber, the brand under which Janasha Finance operates, said that it raised USD 3.5 million in a pre-Series B round, comprising both equity and debt, led by Singapore-based TRTL VC and existing investor Inflection Point Ventures. The