Homebuyers and homesellers are paying close attention to mortgage rates – and wondering what's ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve Continue Reading
It seems like there's a lot happening in the housing market, especially with mortgage rates. The increase in rates is largely attributed to factors like the Federal Reserve's decisions on monetary policy and the current state of inflation. While there's hope for rates to Continue Reading
Deciding whether to move with today's mortgage rates involves several considerations, each unique to your personal situation and financial goals. Here are some key points to ponder as you make your decision: **Current Mortgage Rates vs. Locked-In Rate**: If you currently Continue Reading
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Continue Reading
Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s Continue Reading
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends Continue Reading
