Should You Wait to Buy a Home?
Last year, one of my clients was pondering if they should wait for lower rates or if they should buy a home. Buying a home is probably one of the largest purchases a person makes in their lifetime and it’s completely understandable how some people feel overwhelmed with the decision. [Read more…]
Mortgage Rate Update for the Week of January 16, 2025
We have the results of the Fed meeting on Wednesday with next to zero chance of a rate change. Check out what may impact the direction of mortgage rates and learn which saves more, a price reduction or a seller credit to buy down interest rates on this week’s episode.
If you’re thinking about buying, selling, refinancing, remodeling or even a reverse mortgage, let’s talk!
Mortgage Rate Update for the Week of June 2, 2025
It’s the first week of June and that means we have the Jobs Report being unleashed on Friday along with other employment data this week. Check out my weekly Mortgage Rate Update to learn how this and what else may impact mortgage interest rates this week.
Fannie Mae’s Upbeat Mortgage Rate Forecast with Rates in the 5s!
Fannie Mae recently released their monthly forecast for housing. May’s forecast predicts 30 year fixed conforming mortgage rates with rates entering the 5% range in the second quarter of 2026.
While hearing that the 30-year fixed rate might hit the 5% range next year is music to many ears, there are some things I would keep in mind. For starters, the rates are NOT guaranteed – it’s just a forecast… although I’d rather see a forecast with mortgage interest rates trending lower instead of rates pushing higher. 😉 [Read more…]
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