Category: Financing

If you are struggling to make your mortgage payments, there are several programs available to help you lower your monthly payment. These programs can help you save money and avoid foreclosure. Programs to Lower Mortgage Payments Government Programs The federal …Read more  »

Recent data from Freddie Mac offers a glimmer of hope for potential homebuyers, with the average 30-year fixed mortgage rate dropping to 6.86% - the lowest level in nearly three months. However, despite this decrease, the housing market continues to exhibit a wait-and-see …Read more  »

In a significant move that could impact the UK housing market, Barclays and HSBC have announced cuts to their fixed-rate mortgage deals. This decision comes amidst hints from the Bank of England regarding a potential summer base rate cut, which …Read more  »

The U.S. economy is a complex and dynamic system, constantly adapting and requiring adjustments in monetary policy to maintain stability. The Federal Reserve's interest rate decisions are a crucial tool in this process, impacting everything from borrowing costs to investment …Read more  »

For aspiring homeowners, the question of mortgage rates looms large. In June, Freddie Mac reported a welcome dip in the average 30-year fixed rate mortgage (FRM) to 6.86%, the lowest level in nearly three months. But what does July hold? …Read more  »

Finding the right mortgage can feel like deciphering a complex code. This week, we'll break down the current mortgage rate landscape (as of June 25th, 2024) and explore predictions for the upcoming week to help you make informed decisions. Today's …Read more  »

The upcoming presidential debate and election season cast a long shadow over the financial markets, and mortgage rates are no exception. The slight uptick we saw on June 26, 2024, with the average rate for the benchmark 30-year fixed mortgage rising to 6.96% from the …Read more  »

Freddie Mac's recent forecast paints a picture of a housing market in transition. While the U.S. economy maintains a forward momentum, its pace has eased, and inflation remains a pressing concern for the Federal Reserve. These factors are likely to …Read more  »

The Federal Reserve is the central bank of the United States. It plays a vital role in shaping the country's monetary policy. One of the tools at its disposal, which is considered vital, is the manipulation of interest rates. So, …Read more  »