Articles
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1 week ago |
mortgageresearch.com | Peter Warden
The average 30-year fixed rate mortgage is 7.07% today, an increase of 0.16% since yesterday. The 15-year fixed mortgage rate stands at 6.08%, up by 0.13%. The 30-year FHA mortgage now averages 6.38%, having risen by 0.15. Meanwhile, the 30-year jumbo mortgage rate is 7.31%, reflecting a decrease of 0.16%. The bigger picture Sometimes, we have to remind readers that Freddie Mac's weekly mortgage rates survey is often out of date.
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2 weeks ago |
mortgageresearch.com | Peter Warden
The average 30-year fixed rate mortgage is 6.92% today, a decrease of 0.08% since yesterday. The 15-year fixed mortgage rate stands at 5.95%, down by 0.12%. The 30-year FHA mortgage now averages 6.22%, having dropped by 0.09. Meanwhile, the 30-year jumbo mortgage rate is 7.46%, reflecting an increase of 0.03%.
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2 weeks ago |
themortgagereports.com | Peter Warden
Few things cause more concern for homeowners and buyers than the idea of foundation repairs. They’re often associated with high costs and major disruptions. But there’s good news: it’s not always as bad as it seems. Before jumping to conclusions, have a professional assess the situation. If the issue is caught early and the damage is minimal, repairs can be far more manageable—both in scope and cost—than many expect. The key is not to delay.
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3 weeks ago |
mortgageresearch.com | Peter Warden
The average 30-year fixed rate mortgage is 6.59% today, a decrease of 0.01% since yesterday. The 15-year fixed mortgage rate stands at 5.64%, down by 0.01%. The 30-year FHA mortgage now averages 5.86%, having dropped by 0.03. Meanwhile, the 30-year jumbo mortgage rate is 7.03%, reflecting an increase of 0.04%. Today could be huge for mortgage rates, markets and the American economy and people.
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3 weeks ago |
mortgageresearch.com | Peter Warden
The average 30-year fixed rate mortgage is 6.73% today, a decrease of 0.01% since yesterday. The 15-year fixed mortgage rate stands at 5.75%, down by 0.04%. The 30-year FHA mortgage now averages 5.98%, having dropped by 0.06. Meanwhile, the 30-year jumbo mortgage rate is 7.12%, reflecting a decrease of 0.03%. Last week, markets were fearful of the possibility of a recession, and that led to modestly lower mortgage rates.
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