Category: Financing

For prospective homebuyers seeking the most favorable mortgage terms, geographic location plays a significant role. As of May 09, 2025, several states across the nation boast notably lower average interest rates for 30-year fixed-rate mortgages for new purchases. Leading the …Read more  »

As of May 9, 2025, mortgage rates have increased slightly, with the average rate for a 30-year fixed mortgage sitting at approximately 6.80%. This rise follows President Trump’s announcement of a new trade deal with the U.K., which has heightened investor …Read more  »

Today, the Bank of England made a move that's got everyone talking: they've decided to cut the base interest rate from 4.5% down to 4.25%. This decision, the lowest we've seen since May 2023, comes as Bank of England Governor Andrew Bailey also voiced …Read more  »

If you're like many folks dreaming of buying a home or perhaps refinancing your current one, the big question on your mind is likely: Will mortgage rates rise again after the Fed's decision to not cut rates? The short answer, based on …Read more  »

As of today, May 08, 2025, homebuyers in some of the most populous states are finding a bit of relief, as New York, California, Florida, and Texas are currently showing the lowest 30-year new purchase mortgage rates. This is welcome news for …Read more  »

As of today, May 8, 2025, prospective homebuyers and those looking to refinance are seeing a welcome, albeit potentially temporary, dip in borrowing costs. According to the latest data from Zillow, today's mortgage rates show a decrease across various loan types, with …Read more  »

And after today's Federal Reserve meeting, it seems that relief for aspiring and current homeowners looking for lower rates isn't coming anytime soon. In a nutshell, the Fed decided to keep interest rates unchanged, signaling that the dream of significantly …Read more  »

On May 7, 2025, the Federal Reserve decided to keep the key interest rate unchanged, maintaining it within the target range of 4.25% to 4.5%. This decision, while seemingly straightforward, sends ripples throughout our financial world, impacting everything from the cost …Read more  »

If you're a homeowner keeping a close eye on interest rates, you're probably wondering which states are offering the most appealing deals to refinance your mortgage right now. As of Tuesday, May 07, 2025, data from Zillow indicates that homeowners in California, New York, …Read more  »