May 20, 2024
Mortgage

I Almost Made a $14,000 Homebuying Mistake. What I Learned About Mortgage Points and the Fine Print

My husband and I bought our first home in 2022, during the hot summer seller’s market. It was smooth sailing until it wasn’t.  We trusted recommendations from family and friends for our mortgage lender and real estate agent. We asked dozens of questions: How does the homebuying process work? How much are we approved for?

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Mortgage

Mortgages Move Up for Homeseekers : Mortgage Rates on March 22, 2024

Today’s mortgage rates If you’re in the market for a home, here are today’s mortgage rates compared to last week’s. Loan type Interest rate A week ago Change 30-year fixed rate 6.98% 6.85% +0.14 15-year fixed rate 6.47% 6.41% +0.06 10-year fixed 6.37% 6.20% +0.17 5/1 ARM 6.61% 6.44% +0.17 30-year jumbo mortgage rate 7.08%

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