US Mortgage Rates

Pre-Existing Home Prices Dropped For First Time In 11 Years In February

Mortgage Rates Fall for 3rd Consecutive Week, Downtrend Expected To Continue

Mortgage rates have fallen for the third consecutive week after climbing to nearly 8% in October. Mortgage rates fell for the third consecutive week on Thursday in a promising sign for the housing market that stalled out after mortgage rates climbed to nearly 8% last month.

Mortgage Rate Drops as Global Financial Markets Affect US Stock Market

Mortgage rates continue to drop, as global financial markets appear to have affected the U.S. stock market. While this continuous drop in mortgage rates seem beneficial to interested buyers, the rise in the selling prices of homes in the market appear to negate the said benefits.

US Mortgage Rates Up for 2nd Consecutive Week

Spring is when most sellers put their homes for sales and buyers shop for new properties as the weather looks better. But with the buying season already on, mortgage rates picked up for the second straight week.

Zillow Mortgage Rate Ticker Says 30-Year Fixed Rate Remains Flat

Data from Zillow Mortgages shows that 30-year fixed mortgage rate remains mostly flat after a rather stagnant week.

US Mortgage Rates to be Lower in 2016

Mortgage rates will be lower this year than they were during the later part of 2015. Mortgage rates in the United States will be lower this year than they were during the latter part of 2015 based on the reports from Realtor.

Mortgage Tops List of December Consumer Complaints

The Consumer Financial Protection Bureau (CFPB) has released their monthly complaints report for the month of December and it highlights mortgage as having the most number of complaints reported, especially with mortgage companies like Citibank, Wells Fargo and JPMorgan Chase.

Mortgage Rates are Still Not Likely to Go Up In the Near Future

Mortgage rates are still at attractive levels despite the recent Fed rate hike Everyone is keeping a close watch at the next rate increase by the Federal Reserve.

Black Knight Predicts Housing Real Estate Will be too Pricey for Homebuyers in the Future

Black Knight Financial Services says that with home prices getting higher year-over-year, the firm believes there will come a time when homes would become unaffordable.

Mortgage Company Network Funding Announces Program to Aid ‘Down on Their Luck’ Homebuyers

Residential mortgage lending company Network Funding declared its new Common Sense Lending Initiative programs that will allow and help hard-hit homebuyers purchase a house.

Lower Interest Rates Increase Volume of Refinance, Mortgage Applications

Many perceived that higher mortgages rates in 2016 would result in a decrease of mortgage applications. But on the contrary, mortgage rates actually declined even further last week - causing a spike in the volume of the mortgage market.

2016 Trends in Louisville Real Estate

Real estate markets vary from state to state. As the New Year begins to settle in, many are left wondering what 2016 will be like for each state's real estate. In Louisville, Kentucky, many home buyers are ready purchase, but are left wondering if there will be enough prospects to choose from.

Mortgage Price Drops Prior to House Hunting Weekend Sale

Home buyers are in for a treat as rates have dropped prior to "big house hunting weekend."

Why Mortgage Applications Increased By 21.3%

The decrease in mortgage activity by the end of 2015 was apparently just temporary. According to the Mortgage Bankers Association, the mortgage application volume increased 21.3 percent just last week, as compared to the previous week, which was on "a seasonally adjusted basis."

Home Mortgage Tips: Understanding FHA Loans, What It Means, And What Are Its Advantages And Disadvantages

First time home buyer? You might have heard about FHA loans. An FHA loan is what you need if you do not have enough cash to drop a 20% down payment on a home mortgage. FHA, or Federal Housing Administration, was created in 1934 by the US Congress to help people be eligible for a home loan even if they have low income.

US Mortgage: Increase in Commercial and Multifamily Loans Seen By Lenders in 2016

With strong demand from borrowers and with eager lenders willing to cater to such needs, the Mortgage Bankers Association recently reported that 2016 will be a big one for commercial and multifamily loans.

Why the Interest Rate Hike Will Not Greatly Affect the Housing Sector

The gradual increase in short-term interest rate will not affect the housing sector. In a previous report, it was said that skeptics thought the Federal Reserve was just bluffing when it announced that interest rates will be raised before the end of 2015.

The Rate Increase Could Mark the Start of A Gloomy Real Estate Future

WIth higher rates, will growth slump in the real estate market? As previously reported, the Central Bank has been hinting for quite some time now that they will be increasing interest rates.

Selling A Home in 2016: What You Need To Know

It's never easy to sell your home - not because it's hard to part ways, but because it's much harder to find buyers now. So if you plan to sell your home in 2016, here are some things you need to know to make the selling process much easier, in addition to grabbing the best deal possible.

Fed Rate Increased; Will This Affect Mortgage Rates?

The Federal Reserve decided to increase the Fed Fund rates to at least one quarter of a percentage point.

4 Reasons Why 2016 Is the Best Year To Buy A Home

It's literally better to buy now than later, when prices are much higher. Buying a home is definitely a big decision to make. Not only are there several factors to consider, but there's also the budget and location which makes people apprehensive about buying a new home.

Despite Mortgage Rates at an All-Time Low, Buyers are Still Scarce

Rates of mortgages are nearing bottom but people are still not compelled to buy properties. Rates of mortgages are nearing bottom but people are still not compelled to buy properties.