Recent News Articles

Following a severe drop in mortgage rates on the week of July 8th, 2022, a senior economist from the National Association of Realtors claims that it is now “5% more affordable [to purchase a home] than it was a week

Over the past two weeks, fixed-rate mortgages dropped by half a percent. Although half a percent is only a minor relief, limited housing affordability and growing fears of recession suggest further drops and an overall reduction of market volatility in

Housing inventory (the pool of homes that are for sale or available for purchase) rose 29% from this time last year. Conversely, while housing inventory rose, the rates for 30-year fixed mortgages fell to 5.4%, a drop from the 5.8%

On the week of July 8th, mortgage rates had their biggest drop in a single week since 2008, but experts doubt it will last. With the current volatility of the market, and fear of an upcoming recession, rates are expected

According to Tony Veldkamp of the Herald Tribune, today’s interest rates are “a bargain … historically speaking.” In 2020 ,the Federal Government reset interest rates to help combat the negative effects of the coronavirus pandemic, leading to the lowest-ever fixed

Many homebuyers seek out adjustable rate mortgages when faced with rising interest rates. While adjustable rate mortgages have comparatively low interest, the possibility of that rate changing to something much higher might be too great of a financial risk for