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Tag Archives | 30-Year Fixed
Mortgage Rates Continue the Climb
Fixed-rates moved up for the third consecutive week, with the average 30-year fixed-rate mortgage about a quarter-percentage point higher than three weeks ago. While this may slow some of the refinance momentum, rates are nonetheless low and home-buyer affordability high.
Mortgage Rates Inch Higher for the Second Week in a Row
After over a month of record-low mortgage rates, we’ve seen low mortgage rates creep a little higher for two weeks in a row. Read the details in this week’s Primary Mortgage Market Survey.
Mortgage Rates Are on the Rise
Unfortunately, mortgage rates have reversed their recent trends and have risen this week according to the Primary Mortgage Market Survey. Read on to find out how much they’ve risen.
The Benefits of a Cash-In Refinance
So, we’ve been hearing a lot about “cash-in” refinances lately, and because of the lack of understanding surrounding this topic, I have been COMPELLED to talk about the benefits of this option. Not quite like my obsession with Twix bars, but close.
30 Year Fixed Rate Mortgages Stay at Record Lows (So Do 15 Year Fixed Rate Mortgages)
Great article today in the Detroit News about 30 year fixed rate mortgages being down in the lowest levels we’ve ever seen them. Great news for homeowners and home buyers.
Mortgage Rates Trend Down Following News of Slow Employment Growth
An unexpected downturn creates another opportunity to cash in on the year’s lowest rates…Could this be a last gasp before the economy moves into more solid territory?
YOURgage Q&A with Quicken Loans Chief Economist Bob Walters
Quicken Loans recently launched YOURgage, a program that puts a unique spin on conventional fixed-rate loans by allowing clients to choose a term between 8 and 30 years. We sat down with Bob Walters, Chief Economist at Quicken Loans, to discuss what makes YOURgage a great option for clients across the country.
Myths about HARP and Loan Modifications
Editors note: We have some great news! Quicken Loans allows refinances of up to 200% of your home’s value on mortgages owned by Fannie Mae and [...]
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