Category: Financing

Mortgage rates have climbed to near 7%, perplexing many homebuyers and market observers, especially after recent Federal Reserve rate cuts. You'd think that after the Federal Reserve (the Fed) lowered interest rates, mortgages would get cheaper, but that's not what's happening. It's …Read more  »

As of today, January 6, 2025, mortgage rates have presented a slight drop, which could influence your home buying or refinancing decisions in significant ways. The current average for a 30-year fixed mortgage stands at 6.67%. Understanding these shifts in …Read more  »

Figuring out mortgage rates can be a real pain, especially with how much they jump around these days. Today, as of January 5th, 2025, you're probably looking at about 6.70% if you want a 30-year fixed mortgage. That's a pretty …Read more  »

When you're navigating the complex world of home financing, mortgage rates can significantly influence your financial plans. As of January 04, 2025, the national average interest rate for a 30-year fixed mortgage is approximately 6.95%, reflecting a slight decrease of 4 basis points from the previous week. …Read more  »

If you’re looking to secure a mortgage today, you’ll find that the mortgage rates are showing a slight decrease compared to last week, which could mean a more affordable home loan for you in 2025. As of January 3, 2025, the …Read more  »

The FHA finalizes updates to reverse mortgage debenture interest rates, a decision that significantly impacts many aging homeowners looking to tap into their home's equity. As the Federal Housing Administration moves forward with these changes, it’s crucial to understand what these …Read more  »

Ever felt like you're staring into the abyss when thinking about a 30-year mortgage? You’re not alone. It’s a huge commitment, and while that monthly payment might seem manageable, the total cost of a mortgage over 30 years can be eye-watering. In …Read more  »

In the rollercoaster of homebuying, finding the perfect mortgage interest rate can feel like chasing a mythical unicorn. You're bombarded with numbers, percentages, and jargon that make your head spin. But what if we told you that a seemingly tiny …Read more  »

Mortgage rates have risen today, January 2, 2025, making it essential for potential homebuyers to stay informed and make smart financial decisions. As per the latest data from Zillow, the average 30-year fixed mortgage rate has climbed to 6.70%, while the 15-year fixed rate has increased …Read more  »