Mortgage rates are starting to crawl back up after falling to 14-month lows. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average increased to 4.12 percent with an average 0.5 point. (Points are fees paid to
Apr 12, 2019 |
For several months now, cash-out refinances have been eating up a greater share of overall refi volume, and it appears the trend isn’t about to slow down anytime soon. The latest report from Black Knight reveals that of the 483,000 refina
Apr 08, 2019 |
The national housing market may see its best home-buying season in years. Trends like falling mortgage rates, rising home inventory and slowing home-price growth mean fewer bidding wars and more price cuts for buyers, the Wall Street Journal reports. Th
Apr 02, 2019 |
The Federal Reserve is not as confident in the future as it used to be. In December 2018, it raised rates, but backed off its forecast to hike rates three additional times in 2019. It predicted just two rate increases this year. Fast forward to the Marc
Mar 29, 2019 |
Homeowners throughout the country are looking to refinance their mortgages thanks to lower borrowing costs, contributing to a sharp government bond rally. The recent bump in refinancings means investors who own the debt might soon see their loans paid ba
Mar 27, 2019 |
It’s been a long winter in the housing market. Economic unease, uncertainty about taxes, fluctuating mortgage rates, and rain and snow have kept buyers and sellers on the sidelines throughout much of the country. Those insights – and more det
Mar 21, 2019 |