Mortgage Rates Start the New Year Near Record Lows

Mortgage Rates Start the New Year Near Record Lows

Happy 2013! The new year is all about ritual and resolutions. Everyone plans to eat better, work out more, and get more organized or spend more time with friends and family. We're all guilty of at least one of these, aren't we? I wonder, did you, my mortgage-rate seeking friends, resolve anything fun this year? This year, I resolved to avoid a cliche resolution and promised to laugh more and worry less, and bring you the PMMS report every Thursday!

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Mortgage Rates Are Movin’ On Up (Ever So Slightly)

Mortgage Rates Are Movin’ On Up (Ever So Slightly)

Greek philosopher Heraclitus once said "the only constant is change." As much as we would like things to remain the same – our babies to stay little, our waistlines to stay small, our mortgage rates to remain low – they never do, or will. This week's Primary Mortgage Market Survey is out and rates are both higher and lower than last week. It just goes to show how quickly these crazy low rates can change. If you're not refinancing into a lower rate, you may miss out on your opportunity. There is never going to be a better time, because tomorrow never comes.

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Mortgage Rates Drop Slightly – Still Near Record Lows

Mortgage Rates Drop Slightly – Still Near Record Lows

There are only a handful of things that can be measured in "record lows" - temperature, birth rates, sea ice...um...oh, mortgage rates! Of course! And this week, my friends, mortgage rates dropped! It wasn't a dramatic drop by any means, but a drop is a drop and that means more money in your pocket. What are you waiting for?

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