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Category: Mortgage Rates

FHA loans can be low rate, low risk programs

Mortgage Rates

Get Lower Mortgage Rates: Be a Low-Risk Borrower

January 1, 2022

Lenders determine a different mortgage rate and fee structure for each home loan applicant that comes through their door. This practice seems odd in today’s market, where news headlines and […]

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How to Lower the Cost of Refinancing

Credit · Home Buying · Mortgage Rates · Refinance · Understanding Mortgages

Tips from the 25 Most Influential Real Estate and Mortgage Pros on Google+

January 1, 2022

If you’re like most people who want to find out what’s trending now, or you need tips and advice, you’ve probably gone to Facebook, Twitter or Pinterest. But one of […]

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FHA Loans Getting Approved At High Clip

FHA Loans · Mortgage Rates · Refinance

FHA Loans Getting Approved At High Clip

February 12, 2020

FHA loans closed at the highest clip in the past 18 months. Over 74.2 percent of FHA loans closed in the month of December, up from about 74 percent in […]

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How rising mortgage rates affect buying power | MyMortgageInsider.com

Home Buying · Mortgage Rates · Understanding Mortgages

A 1% Rate Increase will Decrease Your Buying Power by 11%

January 24, 2020

How interest rates affect buying a home How do interest rates affect buying power when you’re searching for your next home? Will you have to settle for a less-nice house […]

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Fannie Mae Home Sentiment June 2017

Mortgage Rates · News

Home Buyers Becoming More Optimistic Of Market

July 14, 2017

While there is still a seller’s market for housing, home buyers are starting to have a more positive outlook for the next year. In June, the overall sentiment for buying […]

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FOMC Meeting June 14 2017

Home Buying · Mortgage Rates · Mortgage Strategy · News

Fed Votes To Raise Rates For Second Time This Year

June 14, 2017

After their two-day meeting concluded on June 14, the Federal Open Market Committee (FOMC) voted to raise the federal funds rate by one-quarter of a percentage point. This will increase […]

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Fed Votes To Keep Their Rate Unchanged May 3 2017

Mortgage Rates · News

Fed Votes To Keep Their Rate Unchanged

May 3, 2017

After their two-day meeting concluded on May 3, the Federal Reserve announced that they voted to maintain their current target rate. That means that their rate will still be in […]

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Ellie Mae March 2017, mortgages close quicker

Mortgage Rates · News

Mortgages Closing Near Record Pace

April 21, 2017

Last month, mortgage rates began to drop and home buyers tried to take advantage of the shift in rates. Fortunately for them, mortgages closed near a record pace in the […]

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Federal Reserve Meeting March 15 2017

Mortgage Rates · News

Fed Raises Rates For Third Time In Past 16 Months

March 15, 2017

The Federal Reserve voted to raise their interest rate after their two-day meeting concluded on March 15. This was largely expected after the Fed chairwoman Janet Yellen announced a few […]

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Fannie Mae March 2017, home buyers becoming more confident

Mortgage Rates · News

Home Buying Sentiment Rises To Highest Recording Ever

March 13, 2017

Ever since home buying sentiment has started being tracked, there has never been more confidence in the housing market than there is right now. According to Fannie Mae’s Home Purchase […]

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