Browsing: mortgage

There’s a saying known as “sell the news,” in which traders position themselves on a well-known rumor, then unwind once the news hits.That rumor could be…

It seems more and more banks and lenders are banking on mortgage rates moving lower in the near future.The latest being a Michigan-based credit union, which…

Yes, mortgage interest rates are higher today, but only by a little.The average interest rate on a 30-year, fixed-rate mortgage rose to 6.5% APR, according to…

Now that Zillow has gone all-in on mortgages, soon you might not be able to compare rates from third-party lenders on their website.This would be unfortunate…

Mortgage rates have fallen to their lowest level in 11 months. Already, some homeowners are refinancing. Others are waiting in hopes that rates will drop more.The…

A slightly warmer-than-expected inflation report was offset by a cooler-than-expected jobs report today, keeping mortgage rates relatively flat.I spoke about the tug-of-war that is now taking…

Australia’s largest lender has sweetened its lowest variable rate home loan with hundreds of thousands of Qantas points. CommBank is dangling up to 300,000 Qantas points…

Their a long-held belief that the Fed sets consumer mortgage rates.It’s reinforced by the media, namely working “journalists” that know little about how mortgages actually work.So…

Mortgage rates have been on an incredible run lately, reversing all the uncertainty and turmoil of the past 52 weeks.Rates are just about back to the…

The average rate on the 30-year fixed mortgage notched its biggest one-day drop in more than a year on Friday. Although mortgage rates are now at their…