Marco Santarelli
Host at Passive Real Estate Investing
Investor, author and founder of Norada Real Estate Investments, a real estate investment company offering turnkey investment properties in US growth markets.
Articles
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1 week ago |
noradarealestate.com | Marco Santarelli
If you're planning to secure a mortgage or refinance your existing loan, today's mortgage rates – April 16, 2025 have dropped significantly across multiple loan types. The average national interest rate for a 30-year fixed mortgage is now 6.78%, down eight basis points from previous rates, while the 15-year fixed rate has fallen to 6.09%, experiencing a larger drop of ten basis points, according to Zillow data.
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1 week ago |
noradarealestate.com | Marco Santarelli
Have you noticed a nagging worry in the back of your mind lately? It's not just you. According to a recent survey, unemployment fears are on the rise, hitting levels we haven't seen since the early days of the COVID-19 pandemic. Despite a relatively strong job market, a significant number of Americans are increasingly concerned about losing their jobs or seeing the unemployment rate rise.
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1 week ago |
noradarealestate.com | Marco Santarelli
Are you glued to your screen, refreshing for some good news on mortgage rates? Well, for the week of April 14-21, 2025, don't expect a dramatic drop. The truth is, mortgage rate predictions are pointing towards continued volatility, with rates likely hovering around the 7% mark for a 30-year fixed mortgage. While there might be slight fluctuations, a significant dip isn't on the horizon due to ongoing economic uncertainties and bond market reactions.
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1 week ago |
noradarealestate.com | Marco Santarelli
Are you dreaming of owning a home or perhaps considering a refinance? Well, there's some good news to share! As of today, mortgage rates have gone down below the 7% mark. According to recent data from Zillow, the 30-year fixed purchase rate has fallen to 6.86%, offering a potential sigh of relief for prospective homeowners and those looking to refinance. But what does this really mean for you, and is it time to jump in? Let's dive deeper.
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1 week ago |
noradarealestate.com | Marco Santarelli
Mortgage rates as of April 15, 2025, have seen a decrease for popular terms, particularly the 30-year fixed-rate mortgage, which now stands at 6.86%. This represents a drop of four basis points, providing potential homebuyers and those looking to refinance with positive news. Alongside the 30-year rate, the 15-year fixed-rate mortgage now sits at 6.19%, and the 30-year VA rate is priced at 6.46%.
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