The Fed is meeting next week; will it mean even higher mortgage rates?
Another month, another Fed meeting. And if early predictions are right, another rate hike, too.
The post Blog first appeared on MilitaryVALoan.com.
Another month, another Fed meeting. And if early predictions are right, another rate hike, too.
The post Blog first appeared on MilitaryVALoan.com.
Mortgage rates are falling and builders are offering incentives to buyers, but that wasnât enough to prop up new home sales in 2022.Â
Mortgage Demand Soars 28% in One Week. Should You Lock in a Mortgage Now? The Motley Fool
While the inflation rate doesn’t directly impact mortgage rates, the two tend to move in tandem. Rising inflation can shrink purchasing power as prices of goods and services increase. Higher prices can then influence the Federal Reserve’s interest rate policy, affecting the cost of borrowing for lending products like mortgages. Homebuyers looking for a home […]
The post How Rising Inflation Affects Mortgage Interest Rates appeared first on SoFi.
The average 30-year fixed-rate mortgage (FRM) has hit 3.02% after falling throughout most of 2020, according to Freddie Mac’s Primary Mortgage Market Survey. This is the first time the 30-year FRM has surpassed 3% since July and the fifth straight week it has climbed or remained stable. Freddie Mac chief economist Sam Khater also noted … [Read more…]
One of the things prospective home buyers and existing homeowners seem to care most about is mortgage rates. And for good reason – the interest rate you receive on your home loan dictates what you’ll pay each month, sometimes for as long as the next 30 years. That’s 360 months! The rate you receive can [&hellip
The post Use These Mortgage Charts to Easily Compare Rates first appeared on The Truth About Mortgage.