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 day ago |
noradarealestate.com | Marco Santarelli
As of today, June 27, 2025, mortgage rates are seeing a downward trend, making it a favorable time for both home buyers and those looking to refinance. The national average for the 30-year fixed mortgage rate has decreased to 6.72%, down from 6.73% last week and significantly lower than 6.91% a week ago. Similarly, the average 15-year fixed mortgage rate has dipped to 5.73% from 5.76%. These rates present an opportunity for homeowners and prospective buyers to capitalize on lower monthly payments.
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1 day ago |
noradarealestate.com | Marco Santarelli
The US Dollar, long a cornerstone of global financial stability, has recently fallen to its lowest level in three years, sparking widespread concern and discussion. As of June 27, 2025, the US Dollar Index (DXY) has dropped to around 97, a level not seen since March 2022, representing a decline of over 10% this year alone. This significant event has captured the attention of investors, policymakers, and consumers, raising questions about its causes and consequences.
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2 days ago |
noradarealestate.com | Marco Santarelli
Looking for the best deal on a mortgage? Today, June 26, 2025, the states boasting the lowest average 30-year mortgage rates for new purchases are New York, Colorado, Connecticut, California, Massachusetts, New Jersey, Florida, Idaho, Utah, and Virginia, with rates hovering between 6.69% and 6.80%. On the other hand, Alaska, Rhode Island, West Virginia, Iowa, New Mexico, North Dakota, South Dakota, and Maine, have the highest, ranging between 6.90% and 7.05%.
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2 days ago |
noradarealestate.com | Marco Santarelli
Today's average 30-year fixed mortgage rate has seen a notable decrease, dropping to 6.81% from 6.82%, which marks a decline of 1 basis point from the previous day. More importantly, this rate has reduced by 10 basis points from last week’s average of 6.91%. This change presents an exciting opportunity for potential homebuyers and those looking to refinance their mortgages.
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2 days ago |
noradarealestate.com | Marco Santarelli
Are you in the market for a new home or considering refinancing? If so, keep a close eye on mortgage rates! According to Zillow, the 5-year Adjustable Rate Mortgage (ARM) has seen a significant jump today, June 26, 2025, increasing by 15 basis points to 7.71%. This increase could impact your affordability and overall borrowing strategy; let's dive into what this means for you.
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