For the first time since December 2019, mortgage rates have risen above 4 percent. The average rate on a 30-year mortgage is 4.01%, according to Bankrate.com. This is the highest mortgage rates have reached since the early days of the pandemic. If you are in the market looking to buyRead More
With mortgage rates falling below 3 percent for the first time in a half-century last week, thanks to Federal Reserve Policy, more first time home buyers and homeowners are likely to take advantage of the low-interest rates. The average rate on 30-year fixed mortgages has fallen below 3 percent forRead More
Homebuyer mortgage application spikes to the highest level in more than 11 years, as mortgage rates fell another record low, according to Mortgage Bankers Association. Mortgage rates fell to another record low last week causing home buyers to rush back into the real estate market. Mortgage rates fell to 3.30%,Read More