Freddie Mac’s most recent Primary Mortgage Market Survey shows average fixed-mortgage rates moved higher for the week ending Oct. 8, with average fixed mortgage rates following Treasury yields. “The 10-year…
Read More
Mortgage rates are on the rise, with Freddie Mac reporting this past week that a 30-year, fixed-rate loan averaged 3.50 percent, up from 3.44 percent the previous week. Meanwhile, rates were 3.91 last…
Freddie Mac’s most recent Primary Mortgage Market Survey shows average fixed-mortgage rates moved slightly lower for the week ending Sept. 8, helping to spur ongoing refinance activity. “The 30-year fixed-rate…
In today’s home-buying market, purchasers often are told they need to make a 20 percent down payment to avoid Private Mortgage Insurance (PMI)—a product that helps protect the bank or…
Thinking about foregoing your 30-year mortgage in favor of a home loan that lets you pay off what you owe in half the time? If you want fewer mortgage payments,…
Mortgage rates are the lowest we’ve seen in three years. While many folks are considering buying or selling, it’s also a great time to refinance. Here are some tips from…
We all know that a lower credit score is never a good thing, especially when you’re trying to buy a home. Interest rates can be higher, and loan amounts can…
Millenials have unique mortgage needs. In case you aren’t one, or don’t know what they are, a “millennial” is the generation born between 1980 and 2000; a generation that has…
There are about to be some rather large changes in how credit scores are reported through FICO that could affect your credit rate. In fact, these changes could make your…
Homes in the South Bay worth $1 million or more, in particular the Beach Cities, are selling like “hot cakes” says the LA Weekly. Homes in the millions are now…
