Category: Financing

Mortgage Rate Predictions: Are 7% Rates Here to Stay in 2024?

April 25th, 2024
Let's face it, buying a home can be an exciting yet intimidating journey. Mortgage rates, a crucial factor impacting your monthly payments, can add another layer of complexity. This year, rates have been on an upward climb, exceeding 7% for …Read more  »

Projected Interest Rates in 5 Years: A Look at the Forecasts

April 24th, 2024
It's always important to stay on top of financial trends, especially when it comes to interest rates. Are you also wondering what the projected interest rates will be in the next five years? Understanding the future of interest rates can …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  »

Why Are Mortgage Rates Rising?

April 19th, 2024
The landscape of the US housing market is ever-evolving, and with it, the dynamics of mortgage rates. As we navigate through 2024, a noticeable trend has been the rising mortgage rates, which have become a topic of interest for potential …Read more  »

Will Mortgage Rates Ever Be 3% Again?

April 19th, 2024
Many people who are looking to buy a home in the US are wondering if they will ever see mortgage rates as low as 3% again. After all, just a year ago, the average 30-year fixed-rate mortgage was around 3.1%, …Read more  »

Mortgage Rate Predictions 2025: Will Rates Drop?

April 19th, 2024
As we approach the mid-2020s, the question on many homeowners' and potential buyers' minds is: what will mortgage rates look like in 2025? It's a crucial question, as even a small fluctuation in rates can significantly impact monthly payments and …Read more  »