Will mortgage rates go down in 2024?
Inflation and Fed hikes have pushed mortgage rates up to a 20-year high. 30-year mortgage rates are currently expected to fall to between 6.4% and 6.5% in 2024. Homebuyers might consider buying now and [...]
What Is a Mortgage Rate Lock?
What is a mortgage rate lock, and how can it benefit homeowners? A mortgage rate lock is an agreement between the homeowner and mortgage lender that guarantees a specific interest rate for a predetermined [...]
Mortgage rates surge. Here’s why
Volatility stormed back into the markets, shaking things up in a week where inflation defiantly outstripped estimates for the third straight month in March, leading investors to substantially slash their expectations for Federal Reserve [...]
How To Create a Home Renovation Budget
Planning a renovation project is a big undertaking, and it's important to have an idea of what you can afford. In addition to speaking with a financial adviser, you can take these steps to [...]
Home Inventories Bouncing Back
As the spring buying season unfolds there are some rays of light shining down on the sector as would-be home buyers have digested the shock of higher rates. Borrowing costs have declined since last [...]
Mortgage News: April
In this Issue… A Look Into the Markets Mortgage Market Guide Candlestick Chart Economic Calendar for the Week of April 1st A Look Into the Markets Mortgage rates improved slightly in this holiday-shortened week. [...]