The acceptance of your mortgage application does not imply you can rest. Here are three things to avoid for a successful real estate closing: Changing your down payment’s source Increasing your credit balances or making a new credit application Assuming your final...
When you are buying a home, there are a lot of different costs to consider. One of the most important is the down payment. But what is that, and how does it compare to closing costs? In this blog post, we will discuss the differences between down payments and closing...
Your train has finally arrived at the station. Congratulations you have made it to the closing table after months of house hunting, jumping through the hoops for a successful loan process and mountains of paperwork. Typically, this paperwork journey takes about 4-8...
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Mortgage rates were slightly higher Thursday as bond-market moves kept lenders cautious, even with borrowers still watching for any opening back toward the 6% range on top-tier pricing. 30-Year Fixed Mortgage Rates The national average 30-year fixed mortgage rate was...
The current mortgage rates edged higher on Wednesday after easing earlier in the month, as firmer Treasury yields took some of the air out of lender pricing. 30-Year Fixed Rate The average 30-year fixed mortgage rate rose to 6.21 percent. Rates had flirted with the 6...
Mortgage rates today were little changed in today’s update, with the average 30-year fixed conforming mortgage rate holding at 6.014%, according to a daily snapshot of recently locked loans. While day-to-day movement was minimal, rates remain meaningfully lower than...
Mortgage rates ease slightly, with 30-year average near 6.01% Mortgage rates ticked down in the latest daily snapshot, with the average 30-year fixed conforming rate landing at 6.014%. That’s marginally lower than the prior reading and meaningfully below where rates...
Mortgage Statistics Updates Mortgage Industry Content ARM Indices Statistics Update Dec. 30 SOFR, LIBOR, and Treasury Yield rates have been updated for the week ended December 28. GSE Issuance Statistics Update Dec. 27 Fixed-rate MBS issuance has been updated for...
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