1. Mortgage rates highest level since April 2014

    The 30-year fixed mortgage rate surged in the week ending Feb. 15 to reach its highest level since April 2014, according to the Primary Mortgage Market Survey released by Freddie Mac. The 30-year fixed-rate mortgage averaged 4.38%, with an average 0.6 point, an increase from the 4.32% average in the…Read More

  2. Freddie Mac: Housing market on track for best year in a decade

    With 2018 right around the corner, Freddie Mac released its report card for 2017. While the economy is marked by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due to low inventory. Still, the report states that housing market is “on tr…Read More

  3. Qualifying For A Mortgage After Bankruptcy

    Bankruptcy Is Not The End For most people, the idea of filing for bankruptcy can be scary. The term “going bankrupt” just sounds frightening. For those considering bankruptcy, many questions are likely to come to mind. For example: How will bankruptcy affect my credit scores? How long will it ta…Read More

  4. No Surprise Here: Home Prices Up Again

    In what is getting to be the most predictable housing story of the year, home prices ascended once again, this time in a 6.7 percent year-over-year increase during October, according to new data from CoreLogic. On a month-by-month measurement, prices were up 1.1 percent from September to October. Wa…Read More

  5. How Brexit could push mortgage rates to historic lows

    Brexit happened. And one of the biggest, and most immediate, effects on everyday Americans is how it will change mortgage interest rates. Greg McBride, chief financial analyst at Bankrate, said rates could sink to record lows in the coming weeks. “If you’re a borrower, don’t wait to lock your …Read More

  6. Homeowners can reap benefits as mortgage rates near record lows

    When mortgage interest rates slide close to all-time lows — as they have since the Brexit vote — do you sit on the fence? Or do you ask yourself: Are there financial opportunities today that didn’t exist for me when rates were higher by half a percentage point or more? Last week, according to …Read More

  7. Mortgage Rates Near All-Time Lows

    Mortgage rates hit a new 2016 low this week, and they're also nearing the lowest averages ever recorded. Freddie Mac reports the 30-year mortgage rate is close to the November 2012 record low of 3.31 percent. “Continuing fallout from the Brexit vote drove Treasury yields lower again this week,” …Read More