Category: Financing
Mortgage Rates Are Dropping Rapidly Day by Day Due to Tariffs
April 8th, 2025
It might sound counterintuitive, but right now, tariffs are pushing mortgage rates down almost every day, and as someone keeping a close watch on the housing market, I can tell you it's creating a fascinating, albeit slightly unpredictable, situation for anyone …Read more »
What Types of Loans Can You Get for an Investment Property?
April 8th, 2025
When you start searching for mortgage options, you will probably find out that there are different types of mortgage loans to choose from for an investment property. With so many types of loans, you may most likely don't know where to …Read more »
Will New Tariffs Actually Lead to Lower Mortgage Rates in 2025?
April 8th, 2025
Have you ever heard the saying, "It's always darkest before the dawn"? Well, in the world of economics, sometimes things that seem bad on the surface can have unexpected silver linings. Right now, there's a lot of talk about new …Read more »
Mortgage Rates Likely to Go Down in the Short Term Due to Tariffs
April 8th, 2025
Right now, if you're keeping an eye on the housing market, you're probably wondering: Will mortgage rates go down? The short answer, based on recent happenings, is yes, mortgage rates are likely to fall, at least in the short term. However, like that …Read more »
Today’s Mortgage Rates April 8, 2025: Will Rates Drop Further if Tariffs Persist?
April 8th, 2025
Today's mortgage rates, as of April 8, 2025, show an average of approximately 6.50% for a 30-year fixed-rate mortgage. This figure reflects a slight decrease in rates following recent political news but remains susceptible to fluctuations due to inflationary pressures. Factors such as the …Read more »
Today’s Mortgage Rates April 7, 2025: Rates Plunge Driven by Economic Turmoil
April 7th, 2025
As of April 7, 2025, today's mortgage rates have decreased significantly. According to Zillow, the average 30-year fixed mortgage rate now stands at 6.39%, down by 20 basis points since last week. The 15-year fixed mortgage rate has also fallen, dropping 19 basis points to 5.72%. …Read more »
Today’s Mortgage Rates April 6, 2025: Rates Go Down Amid Tariff Turmoil
April 6th, 2025
As of April 6, 2025, mortgage rates have dropped significantly, reflecting changes in the economy. According to Zillow, the average 30-year fixed mortgage rate has decreased to 6.39%, while the 15-year fixed rate is now at 5.72%. These adjustments in rates indicate a response to economic …Read more »
Tariffs Push Mortgage Rates Down But Housing Costs Remain Record High
April 6th, 2025
Mortgage rates have indeed taken a dip, partly due to the ongoing trade tensions and tariffs, which is usually welcome news for anyone looking to buy a home or refinance. However, the reality is that even with these lower borrowing …Read more »
Today’s Mortgage Rates April 5, 2025: Rates Plunge Amid Tariffs Led Recession Fears
April 5th, 2025
Mortgage rates today stand around 6.40% for a 30-year fixed mortgage, indicating a slight decline compared to previous months. This drop in mortgage rates comes as market analysts increase their predictions of a potential recession driven by tariffs imposed earlier this week. …Read more »