Mortgage rates hover near record lows today, but experts forecast they’ll rise in the coming months. Waiting could prove costly when that happens.
Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home
While mortgage rates have trended up in recent months, they are still historically low, so relative to one year ago, housing actually is still more affordable and that’s really thanks to this low mortgage rate environment we find ourselves in.
The Reason Mortgage Rates Are Projected to Increase and What It Means for You
Based on the 50-year symbiotic relationship between treasury rates and mortgage rates, it appears mortgage rates could be headed up this year.
Will Mortgage Rates Remain Low in 2021 – Part 2
If you’re ready to buy a home or refinance your current one, it may be wise to make your move before mortgage rates begin to rise.
Will Mortgage Rates Remain Low in 2021?
Several top institutions in the real estate industry are projecting an increase in mortgage rates over the next four quarters.
Should I Lock or Should I Wait?
When buying a new home or refinancing, how will I know when to lock my mortgage rate? “Interest rates rise like a rocket and fall like a feather.” This old axiom holds a lot of truth. Generally speaking, rates tend to fall in a poor economy and rise in times of prosperity. But more to the point, it takes a … Read More
How Interest Rates Move
Here’s a great video discussing how interest rates move. Although produced in 2010, the principles still apply in our economy today and should for the foreseeable future.