Category: Financing

Most experts believe we'll see mortgage rates likely going down in the week of January 16th to 22nd, 2025. That's the general consensus, with a significant 67% of those polled by Bankrate predicting a decrease. However, it's not a done deal, …Read more  »

If you're asking yourself, "Should I lock my mortgage rate today?", then listen up because here's the deal: with mortgage rates trending upwards as of January 2025, it's likely a smart move to consider locking in a rate soon. This isn't about …Read more  »

If you're looking to buy a home or refinance your mortgage, understanding today's mortgage rates is crucial. As of January 17, 2025, the average interest rates for different mortgage types have shown some fluctuations. The average rate for a 30-year fixed …Read more  »

As of mid-January 2025, mortgage rates have climbed to over 7%, marking the highest level since May 2024. This surge has sparked concerns and anticipation among potential homebuyers and those looking to refinance. The average rates for a 30-year mortgage jumped …Read more  »

Ever feel like the housing market is a giant puzzle with pieces that never quite fit? Well, the Free Market Mortgage Act of 2023 is a proposed piece of legislation aiming to reshape that puzzle, specifically by impacting how mortgages are made …Read more  »

If you’re looking to understand today’s mortgage rates, you’re in the right place! On January 16, 2025, mortgage rates have decreased, with the average 30-year fixed mortgage rate sitting at 6.80%, and the 15-year fixed rate even lower at 6.05%. These fluctuations in …Read more  »

The housing market is a complex web of economic factors, and understanding the interest rate predictions for the next year by NAR Chief Economist Lawrence Yun can help unravel some of that complexity. Yun anticipates that the U.S. Federal Reserve will implement six …Read more  »

What will interest rates look like in 5 years? Let's explore the forecasts for mortgages, auto loans, credit cards & global trends. The short answer regarding projected interest rates in 5 years is this: we're likely to see them gradually decline, though …Read more  »

As of January 15, 2025, current mortgage rates reflect slight fluctuations, with the 30-year fixed mortgage rate sitting at 6.87%, while the 15-year fixed mortgage rate is at 6.17% according to Zillow. The ongoing effects of inflation and economic data like the Consumer Price Index (CPI) can significantly impact …Read more  »