Category: Financing

Will Mortgage Rates Hit 8% in 2024? Prediction Says No

April 23rd, 2024
As of April 18, 2024, mortgage rates have continued a recent upward trend, surpassing the 7% mark for the first time this year. This increase comes after a period of historically low rates in 2020 and 2021. Will mortgage rates …Read more  »

Mortgage Rate Predictions for Next 5 Years

April 23rd, 2024
The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential homebuyers and current homeowners are keenly interested in …Read more  »

Canadian Interest Rate Forecast for Next Five Years (2024-2029)

April 23rd, 2024
The Canadian interest rate is currently undergoing a period of significant change. After a prolonged era of historically low rates, the Bank of Canada (BoC) has embarked on a tightening cycle to combat inflation. But where will rates go from …Read more  »

Will Fed’s Policies Lead to a Housing Market Crash?

April 23rd, 2024
As April 2024 unfolds, attention is fixated on the Federal Reserve's impending decision regarding interest rates. This verdict carries substantial weight, reverberating across various economic domains, including the dynamic housing market. However, it is crucial to recognize that the Fed's …Read more  »

Mortgage Rate Predictions for Next 2 Years

April 23rd, 2024
As of April 19, 2024, the mortgage landscape in the United States has been marked by a period of fluctuation, with rates experiencing a slight increase. Here's an analysis of current averages and expert predictions for the next two years. …Read more  »

What Credit Score Do You Need to Buy House With No Money Down?

April 21st, 2024
Buying a house with no money down is possible, but it requires a good credit score. To buy a house with no money down, you typically need a credit score of at least 620. However, certain programs like FHA loans …Read more  »

Mortgage Market Insights Reveal Positive Outlook with Downside Risks

April 20th, 2024
Confused about buying a home in 2024? This Mortgage Market Update explores rising rates, potential risks, & why the outlook might still be positive. The US housing market in March 2024 presented a complex picture. Interest rates remained elevated compared …Read more  »

When Will Mortgage Rates Go Down to 3%?

April 19th, 2024
If you are a prospective homebuyer or homeowner looking to refinance your mortgage, you might be wondering when will mortgage rates go down to 3% in the US. The answer is not anytime soon, according to most experts and forecasts. …Read more  »

3 Hidden Costs of Mortgages You Need to Know About

April 19th, 2024
While the interest rate is undeniably the headliner, grabbing your attention with its bold numbers, it's just one piece of a complex financial puzzle. Beneath the surface of that seemingly attractive rate can be hidden costs that can significantly impact …Read more  »
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