Mortgage rates for the past 52 weeks, at a glance
Mortgage rates blow past 7% for first time in two decades Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks. Oct 27, 2022 Will Rising Mortgage Rates Cool The Local Housing Market? The rising interest rates could mean an ad...
Stubborn inflation is keeping mortgage rates elevated The Federal Reserve’s historic campaign of rate hikes to rein in inflation has brought the measure down considerably over the past two years. But Chair Jerome Powell has said the central bank needs to see more consist...
The main benefit of a 20-year mortgage is the savings homeowners receive from lower interest rates and paying it off sooner than 30 years. Who Should Consider a 20-Year Mortgage? Any homeowner who borrows money to benefit from lower interest rates and pay off their mortgage sooner rather than...
Homebuilders as evidence of future mortgage rates. We’ve discussed homebuilders at length over the past two years. They’ve been a somewhat unlikely beneficiary of the rate hikes, substantially increasing their share of the overall homes sales market which is typically far more driven by existin...
The main benefit of a 20-year mortgage is the savings homeowners receive from lower interest rates and paying it off sooner than 30 years. Who Should Consider a 20-Year Mortgage? Any homeowner who borrows money to benefit from lower interest rates and pay off their mortgage sooner rather than...
Help to Buy offers equity loans of up to 20% of a home's value (40% in London). These loans, which are interest-free for five years, let buyers access mortgages with lower LTV % and lower interest rates. Help to Buy is targeted at first time buyers but is technically available to ...
06/09/2022 [-] Mortgage rates rise in latest week, as demand for housing cools Freddie Mac 04/02/2022 [-] Mortgage rates zoom past 4.5% — here’s what home buyers need to know 01/20/2022 [-] Bad news for first-time buyers Mortgage rates rise to pandemic-era high...
Due to the high housing loan interest rates in the past few years, there has been a high demand for lowering the interest rates on existing housing loans. According to statistics, the housing loan interest rates from the end of 2017 to the end of 2021 have been consistently high, nearly ...
And their past record for accuracy — due to the volatile nature of interest rates — hasn’t been wildly impressive. Time to make a move? Let us find the right mortgage for you (Dec 25th, 2024) Mortgage rate methodology The Mortgage Reports receives rates based on selected criteria ...