Why is the 30-year fixed so darn popular? And why has it been for so many years? Find out!
Tag Archives | 30-Year Fixed
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.
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.
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.
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.
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.
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?
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.
You are ready to move forward with your home purchase. You’re taking advantage of the best buyer’s market in decade. Whether you’re a first-time home [...]
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 [...]