Laura Tarpley
Lead Editor and Content Strategist, Mortgages at Yahoo Finance
She/her/hers. Lead editor and content strategist (mortgages) on the personal finance team @YahooFinance. CEPF. All opinions are my own.
Articles
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1 month ago |
finance.yahoo.com | Laura Tarpley
Mortgage interest rates are unsteady today. For example, according to Zillow, the average 30-year fixed rate has increased by eight basis points to 6.84%, and the 20-year fixed rate has risen by three basis points to 6.38%. However, the 15-year mortgage rate has inched down by one basis point to 6.06%. The April Consumer Price Index (CPI), which the Bureau of Labor Statistics released yesterday, could be behind these wobbly mortgage rates.
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1 month ago |
finance.yahoo.com | Laura Tarpley
A renter wants to buy a house but isn’t sure whether to buy when their lease ends (in the offseason) or extend their lease to buy during peak home-buying season. There’s no way to time the real estate market, so our Realtors have tips for both scenarios. “Ask a Realtor” is a monthly column. To submit a question to our panel of Realtors, fill out this Google Form. Hi Realtors, We are preparing to buy a home in the next year. We currently rent with a lease ending in mid-January.
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1 month ago |
finance.yahoo.com | Laura Tarpley
Most mortgage interest rates have ticked up today. According to Zillow, the 30-year fixed mortgage rate has increased by four basis points to 6.76%, and the 15-year fixed rate has risen by four basis points to 6.07%. The slight inclines can likely be attributed to the U.S. and China pausing the heightened tariffs on each other for 90 days. You might think this news would push mortgage rates down, but economists and investors may view President Trump's politics as unpredictable.
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1 month ago |
finance.yahoo.com | Laura Tarpley
Mortgage interest rates have increased overall today. According to Zillow, the average 30-year fixed mortgage rate is up by one basis point to 6.72%, and the 15-year fixed interest rate has risen by seven basis points to 6.03%. Rates may inch up or down from one day to the next, but home buyers should know that this is likely the new normal for a while: Average 30-year rates in the mid-to-upper 6% range and 15-year rates hovering around 6%.
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1 month ago |
finance.yahoo.com | Laura Tarpley
Mortgage interest rates have held steady this week. According to Freddie Mac, the average 30-year fixed mortgage rate has remained unchanged at 6.76%, and the 15-year fixed rate has inched down by three basis points to 5.89%. Now could actually be a good time to buy a house. Mortgage rates are steady and unlikely to plummet in the near future. It's also home-buying season, so there are more houses on the market than in winter months. Dig deeper: Should you lock in a mortgage rate now?
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