Archive for Mortgage Lending Advice
With Record Low Home Mortgage Rates Why Are Consumers Waiting
Home mortgage rates have not been this low in nearly fifty years, yet the volume for home loan applications has been declining over the last few months. Home prices are affordable again for thousands of families. Freddie Mac, said in a recent statement that “too many qualified borrowers are sitting on the sidelines because of [...]
Low Mortgage Rates for First Time Home Buyers
Today is a great day for first time home buyers who are looking to maximize their housing affordability. According to Freddie Mac, home loan rates fell to a new record low for the fourth time in five weeks. But low home mortgage rates haven’t been able to revive a struggling housing market. The weekly rate [...]
Home Loan Rates Decline to Break Records 3rd Straight Week
The era of record low interest rates has still not come to an end. Home loan rates dropped to record lows for the third week in a row.
What Causes Home Loan Rates to Change?
Conventional, VA and FHA mortgage rates are fluctuating unless you lock into a fixed interest rate mortgage. When shopping for a home refinancing solution, it is important that you lock the rate at an optimal time. Most consumers believe that whenever the Federal Reserve changes their interest rates, their home loan rates also change. This [...]