Tag Archives: Mortgage

Mortgage rates have dropped to record lows on eight separate occasions in 2020 so far, as the coronavirus pandemic has roiled the global economy. But could they eventually drop to 0%? Well, if past precedent is any indication, there’s indeed a chance. Freddie Mac FMCC, +0.70% deputy chief economist Len …

Thinking about buying a home? You’ll need to narrow down the neighborhood, the size and style of the space, the price and the down payment. You’ll also want to consider mortgage interest rates, which play a big role in whether or not the time is right to buy a house …

It finally happened. This week Freddie Mac reported a 30-year fixed-rate mortgage average below 3%. That puts the average for consumers (remember, your rate will vary based on a variety of conditions) at 2.98%. As you would expect, mortgage volume has gone up over the last week. The Mortgage Bankers …

Discussing mortgage closing costs with a loan officer is pretty much a homebuyer’s last opportunity to secure the best possible interest rate on a home loan. One way to lower that rate — and your monthly payments — is by purchasing ‘mortgage points.’  Buying points is an opportunity that doesn’t …

Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Derek Parent and his team to our Las Vegas market.  Parent brings more than 20 years of industry experience to the role. Over the past two years, he has helped more than 200 families …

The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to refinance for everyone. Last week, Freddie Mac FMCC, -0.94% reported that mortgage rates hit a new record low for the fourth time this year, with the average rate …

As the COVID-19 crisis has metastasized into an economic recession, millions of Americans are struggling to keep up with their mortgage payments. I fundamentally believe that losing one’s job shouldn’t mean also losing one’s home. This is a core lesson that I learned from the 2008 financial crisis, when I was …

Stop us if you’ve heard this before: Mortgage interest rates just dropped to historically low levels. That has become the trend recently as market moves, and actions by the Federal Reserve, continue to not only keep rates steady and low, but push them even lower. Mortgage News Daily reported this …

Statements like “interest rates are at record lows” make for good headlines. And they certainly motivate prospective renters to get up off the couch, shift their house hunting into a higher gear, and take advantage of the current low, low rates.  Maybe you’re pre-approved for a home loan and you’re …