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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4 days ago |
noradarealestate.com | Marco Santarelli
As of June 3, 2025, the national average for 30-year fixed mortgage rates has slightly increased to 7.02%, according to the latest data from Zillow. This marginal rise of 2 basis points from the previous day and 1 basis point from the week prior indicates a relatively stable but upward trending mortgage rate environment. For those considering refinancing, the national average for a 30-year fixed refinance rate stands at 7.27%, also showing a slight increase.
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5 days ago |
noradarealestate.com | Marco Santarelli
As of June 2, 2025, the national average for the 30-year fixed mortgage rate has slightly decreased to 6.95%. This minor dip follows a larger decrease observed over the past week. For homeowners considering a change, the national average for the 30-year fixed refinance rate has also seen a notable drop to 7.18%. Keeping a close eye on these mortgage rate trends and refinance rate trends is crucial for anyone looking to buy a home or adjust their current mortgage.
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6 days ago |
noradarealestate.com | Marco Santarelli
As of June 1, 2025, today's mortgage rates show a notable decrease for 30-year fixed loans, which are now at 6.77%, down by seven basis points. Conversely, the 15-year fixed mortgage rates have risen slightly to 6.02%. This trend suggests that long-term borrowing costs are becoming more favorable, while shorter-term borrowing has seen a small uptick. Understanding these changes can greatly impact your financial decisions, whether you are looking to buy a home or refinance your existing mortgage.
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1 week ago |
noradarealestate.com | Marco Santarelli
Let's talk about something that might make your stomach drop a little if you own a home in Atlanta, or maybe perk up your ears if you're hoping to buy one. You might have seen headlines or heard whispers about certain housing markets being “at risk.” Well, according to recent insights by Cotality (Formerly CoreLogic), the buzz is true: Atlanta ranks among the high risk housing markets that may see significant price drops.
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1 week ago |
noradarealestate.com | Marco Santarelli
As of May 31, 2025, mortgage rates have decreased, offering homeowners and potential buyers advantageous conditions for both purchasing new homes and refinancing existing loans. The 30-year fixed mortgage rate has declined to 6.84%, while the 15-year fixed mortgage rate has notably dipped to 5.99%.
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