Do you remember when mortgage rates were above ten percent?… According to Kelly Deforge, our in house lender with Union Bank, rates are averaging in the mid four percent range but, the question is for how long? As you can see by the graph that Kelly provided below, rates have been gradually inching upward over the […]
The following was written by Matt Polsky from the VA Mortgage Center: For veterans and active duty service members who enjoy the outdoors, Colchester, Vermont and the surrounding area is a great location to call home. Aside from beautiful scenery and renowned ski runs, Vermont also provides residents with excellent communities, festivals, and school districts […]
Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example.
With the sudden rise in mortgage rates, we have to question whether the Refi Boom is ending.
The rate-and-fee combination you’d get in your home state is different from the rate-and-fee combination you’d get if you lived somewhere else. In the West, rates are low and fees are high; in the Southeast, it’s the opposite.
Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.
Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
Mortgage rates are (again) at their lowest levels in history.
No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. But the low rate environment looks like it’s ending.
Conforming mortgage rates may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.