Archive | Mortgage Rates

Mortgage Rates Inch Up for Second Straight Week

Mortgage rates can only drop so much before they begin to rise. Last week, fixed mortgage rates inched upward according to the Primary Mortgage Market Survey for the first time since the beginning of the month. That trend continued this week as rates again rose slightly.

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Mortgage Rates Mostly Unchanged for the Week

While the weather can flip flop daily during the fall, mortgage rates can sometimes do the same. However, this wasn’t one of those weeks. In fact, there was barely even a change in mortgage rates.

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How Is the Government Shutdown Affecting Mortgages? - Quicken Loans Zing Blog

How Is the Government Shutdown Affecting Mortgages?

The mortgage market is one area that potentially stands to lose heavily if the shutdown continues, but it’s been holding its own so far. Rates have actually dipped a bit because stocks have been so volatile that investors are looking to the safer MBS market.

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Mortgage Rates Fall to Lowest Point Since June

It’s been a long time since rates have been this low. In fact, the last time 30-year fixed-rate mortgages were this low, the MLB season wasn’t even halfway over. To be exact, the last time 30-year fixed rates were this low was the week ending June 20, 2013.

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Mortgage Rates Drop Again

The Fed holding off on tapering is doing wonders for the mortgage rate market! Read this week’s Primary Mortgage Market Survey to see how far the rates have fallen in two weeks.

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Rates Fall After Fed Announcement

The Fed’s announced they will not taper bond purchases yesterday, and mortgage rates fell quickly. The Primary Mortgage Market Survey shows how much they fell.

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Mortgage Rates Slow Their Roll

After weeks of ups and downs, the primary mortgage market survey shows us that rates have leveled out this week leaving those looking to purchase or refinance a small window of opportunity. Read all about it in this week’s PMMS report.

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Mortgage Rates Move Upward

Rates have risen across the board, with the 30- and 15-year fixed rates roughly where they were two weeks ago. This is unfortunate for first time home buyers or those looking to refinance, but a good indicator for the U.S. economy and the fortune-telling future of line graphs. But because rates have risen, mortgage rate wolf has disappeared. Will he return? No one knows, but we’ll discuss the raw numbers from Freddie Mac anyways.

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Rate Locks: Extensions and Missed Deadlines

The mortgage process can be time consuming due to documents that have to be returned to the lender, like W-2s from the last two years, veteran eligibility documents or bank statements. Locked rates can expire because of this long process, so here are ways that you can speed it up and not stress out.

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PMMS Report - Quicken Loans Zing Blog

Mortgage Rates Level Out and Send a Sign

Amid Fed taper confusion, rates have dipped slightly this week, but the primary mortgage market survey comes with a sign. What does it all mean? Read on to find out!

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