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Mortgage Rates

Small Homes Can Offer Big Returns

NerdWallet | Posted 02.14.2017 | Business

Daniel Tonkovich & Emily Starbuck Crone When shopping for a new home, bigger is better, right? When it comes to roomier closets and more spacious kit...

2017 Mortgage Rate Outlook: The Trump Effect

NerdWallet | Posted 01.11.2017 | Business

By Michael Burge For the first time in almost a year, mortgage rates are above 4%. While still low by historic standards -- the annual average rate o...

What the Trump Effect Means for Mortgage Rates Next Year and 5 Years From Now

NerdWallet | Posted 11.22.2016 | Business

By Hal Bundrick, CFP In the week following the election, mortgage rates soared nearly half a percentage point. Average weekly 30-year fixed home loan...

Why Your Bank May Not Be Giving You The Best Mortgage Rate

NerdWallet | Posted 10.26.2016 | Business

By Hal Bundrick, CFP Mortgage rates are near all-time lows, and it might be hard to imagine them going even lower. But some loan experts say many ban...

How Your Credit Score Affects Your Mortgage Rate

NerdWallet | Posted 10.17.2016 | Business

By Michael Burge Without a high credit score, you won't qualify for the best mortgage rates available, which could mean you'll end up paying more mon...

Fed Rate Hike Likely Later Rather Than Sooner, Experts Say

NerdWallet | Posted 07.26.2016 | Business

The Federal Reserve is meeting this week to decide whether to raise rates, a decision that will affect the interest consumers pay on almost all loans....

What Brexit May Mean for VA Loan Interest Rates

Chris Birk | Posted 06.29.2016 | Business
Chris Birk

Economic shockwaves have sent rates even further south, as investors are turning to the comparative security of mortgage bonds. Some economists and industry insiders are using the word "historic" to describe how low mortgage rates might go before there's a course correction.

The Job Market: Head Fakes and Disappointment Also Mean Low Mortgage Rates

Lorraine Woellert | Posted 06.03.2016 | Business
Lorraine Woellert

U.S. employers added 38,000 new workers in May, the weakest job growth in almost six years. There's no way to sugarcoat it -- that's a really low numb...

Mortgage Rates Are Low, So Why Isn't Homeownership More Affordable? The Conundrum of Cheap Money

Lorraine Woellert | Posted 05.23.2016 | Business
Lorraine Woellert

It's never been cheaper to borrow money, and that includes home loans. Mortgage rates have been falling all year and are flirting with historic lows. ...

Alternative Mortgage Lenders Are Changing Home Buying

NerdWallet | Posted 04.20.2016 | Business

By Hal Bundrick If you're looking for a mortgage, there's one less reason to walk into a bank these days. Alternative mortgage lenders -- non-bank c...

States Where Refinancing Could Save the Most Money

NerdWallet | Posted 03.10.2016 | Business

Interest rates have been at all-time lows for years, but millions of people who could qualify for reduced mortgage rates through refinancing haven't taken the plunge.

The Fed Is Trying To Keep Mortgage Rates Low With A Blog Post

The Huffington Post | Shahien Nasiripour | Posted 12.21.2015 | Business

The Federal Reserve doesn't want to be blamed if Americans end up paying more for new mortgages in the coming weeks. Interest rates normally rise when...

Federal Homeowner Aid Program Rejects 70 Percent Of Applicants

The Huffington Post | Ben Walsh | Posted 12.28.2016 | Politics

Seven in 10 homeowners who apply for help under the federal government’s signature mortgage aid program are rejected, according to a government repo...

Website Features Home Buyers Should Look For

Jack M. Guttentag | Posted 07.08.2016 | Money
Jack M. Guttentag

Finding your own mortgage online can result in lower costs and better decisions than taking the easy path, provided that the website or sites that you shop have the right features.

5 Questions to Ask Your Lender Before Locking a Rate

Jack M. Guttentag | Posted 05.05.2016 | Money
Jack M. Guttentag

The rules and procedures surrounding the lock process vary from lender to lender and are not subject to any mandatory disclosure requirements. To help borrowers avoid the potential missteps in the process, this article presents five questions you should pose to a lender before proceeding further.

3 Ways To Pay Off Your Mortgage Faster | Posted 05.24.2015 | Money

There are a lot of benefits to paying off your mortgage faster. For one, you'll save money on interest charges, which can be tens of thousands of dollars over the course of a loan. Here are tactics you can use to pay off your mortgage faster.

Think You're Playing Mortgage Rate Roulette? Here's Why | Posted 01.12.2015 | HuffPost Home

When you're shopping for a home, it's best to stay aware of mortgage trends and in close touch with your lender.

Cheer Up America, Global Unrest Can Lower the Cost of Your Next Mortgage

MyBankTracker | Posted 10.19.2014 | Money

If you're at all a follower or observer of international headlines, you'll agree that that global unrest is increasing: -- The pall of a Russian inva...

The Downside of Up: How Rising Mortgage Rates Will Lead to Lower Sales

Dr. Stan Humphries | Posted 10.08.2014 | HuffPost Home
Dr. Stan Humphries

For 30 years, falling mortgage interest rates have enabled homeowners to move into ever-larger homes on the promise of ever-cheaper financing. But that party is over, and the impact on existing home sales could be significant.

ARM vs Fixed-Rate Mortgages: What's Right For You? | Posted 05.13.2014 | Money

When it comes to buying a house, you have to make lots of decisions. You have to figure out which neighborhood you want, which school district, how much of a down payment to make, etc. One of these decisions is whether you will take out a fixed-rate or adjustable-rate mortgage.

Call It a Comeback: Rising Rates Spurs New Look at Adjustable-Rate Mortgages

Chris Birk | Posted 05.03.2014 | Business
Chris Birk

As long as you are dedicated to planning and sticking with a strategy, an adjustable-rate mortgage can be a huge benefit for veterans and military families seeking homeownership.

How Rising Mortgage Rates May Impact You | Posted 04.08.2014 | Money

While mortgage rates fluctuate daily and the interest rate you'll pay on a home loan depends on multiple factors, most mortgage experts anticipate an increase in average mortgage rates by the end of 2014.

Ways to Impress a Mortgage Lender

MyBankTracker | Posted 04.07.2014 | Money

With the CFPB's new Ability-to-Repay rule and lenders still leery after the real estate crash, how can you best show a mortgage lender that you can handle a home loan?

The Mortgage Market Just Cratered

The Huffington Post | Mark Gongloff | Posted 01.23.2014 | Business

A jump in interest rates has had a big impact on the housing market. That's a warning sign for a Federal Reserve seemingly bound and determined to wit...

Experts Predict 2014 Housing Market | Posted 03.09.2014 | HuffPost Home

While no one can predict with certainty what the housing market holds in store for 2014, a constant in real estate is always that local markets vary widely in their performance.