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Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Rise, Unlikely to Move Higher

This week's mortgage rates bounced off of the 2017 lows they descended to last week but are not likely to move higher over the next week. For the entire month of March, conventional 30-year fixed rates on loans up $424,100 that were used to finance...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Sink, Unlikely to Fall Further

After falling to the lowest levels this year, fixed mortgage rates further retreated. The outlook for the next interest rate report is for no further declines. Average 30-year note rates on residential loans closed during March were 4.39 percent,...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

New 2017 Low for Mortgage Rates, Could Fall More

Interest rates on residential loans fell to a new low for this year, and it's quite possible they could be much lower in next week's report. Freddie Mac reported that 30-year fixed rates averaged 4.08 percent in its Primary Mortgage Market Survey...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Near 2017 Low, Might Stay Down

Long-term mortgage rates declined for the third week in a row and now stand at the second-lowest level this year. The outlook is for little change next week. During the seven-day period ended Thursday, 30-year fixed rates averaged 4.10 percent,...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

New Record Low for COFI ARM Index

The 11th District Cost of Funds Index fell to the lowest level on record in its 36-year history even as another index moved higher. COFI, which is utilized as an index for some legacy adjustable-rate mortgages, was determined to be 0.591 percent in...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Sink, Might Hold

A nice improvement was recorded for weekly mortgage rates, and not much movement is likely for rates over the next seven days. On conventional loans up to $424,100 used to finance a home purchase, 30-year fixed rates averaged 4.41 percent in...

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Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Rise, Unlikely to Move Higher

This week's mortgage rates bounced off of the 2017 lows they descended to last week but are not likely to move higher over the next week. For the entire month of March, conventional 30-year fixed rates on loans up $424,100 that were used to finance...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Sink, Unlikely to Fall Further

After falling to the lowest levels this year, fixed mortgage rates further retreated. The outlook for the next interest rate report is for no further declines. Average 30-year note rates on residential loans closed during March were 4.39 percent,...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

New 2017 Low for Mortgage Rates, Could Fall More

Interest rates on residential loans fell to a new low for this year, and it's quite possible they could be much lower in next week's report. Freddie Mac reported that 30-year fixed rates averaged 4.08 percent in its Primary Mortgage Market Survey...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Near 2017 Low, Might Stay Down

Long-term mortgage rates declined for the third week in a row and now stand at the second-lowest level this year. The outlook is for little change next week. During the seven-day period ended Thursday, 30-year fixed rates averaged 4.10 percent,...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

New Record Low for COFI ARM Index

The 11th District Cost of Funds Index fell to the lowest level on record in its 36-year history even as another index moved higher. COFI, which is utilized as an index for some legacy adjustable-rate mortgages, was determined to be 0.591 percent in...

Setting Your Budget and Home Needs: A Guide to Finding Your Perfect Home

Mortgage Rates Sink, Might Hold

A nice improvement was recorded for weekly mortgage rates, and not much movement is likely for rates over the next seven days. On conventional loans up to $424,100 used to finance a home purchase, 30-year fixed rates averaged 4.41 percent in...

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