Just in time for Thanksgiving last week, rates ticked lower by a nice margin, providing a welcome improvement for buyers ready to lock in. In fact, rates have been hovering near 2-month lows! By the way, if you would like me to be watching mortgage rates for you, let’s talk and figure out the best
Continued uncertainty and volatility in both stock and bond markets have pushed mortgage rates even higher. According to Freddie Mac’s survey data of average rates, the range of rates for a 30-year fixed rate mortgage has more than doubled since this time last year. Ouch! As we all know, though, people are still buying, selling,
Hope you had a fantastic Fourth of July holiday! As the possibility of recession increases based on the latest GDP (gross domestic product) data released and high inflation, mortgage rates paused their upward trend last week, even showing slight improvement. This pause should help the housing market rebalance to a more normal pace of home
