“Mortgage rates decreased for the first time since August, as concerns about supply-chain bottlenecks, waning consumer confidence, weaker economic growth and rising inflation pushed Treasury yields lower.” — MBA associate vice president of economic and industry forecasting Joel Kan
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At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.
The post Mortgage applications rise despite increase in interest rates appeared first on Atlanta Agent Magazine.
Refinancing your mortgage can save you a lot, but it’s not always the right choice. A mortgage broker, and other finance pros, share top tips.
The post I’ve Handled More Than 2,000 Mortgage Refinances. Here’s What You Should Know Before You Refi appeared first on Real Estate News & Insights | realtor.com®.
Fannie Mae and Freddie Mac will no longer be charging a fee for refinance loans that was designed to offset the costs associated with the pandemic.
The post Regulator Ditches Controversial Mortgage Refinance Fee Ahead of Schedule appeared first on Real Estate News & Insights | realtor.com®.
The question on the minds of many home buyers and owners is if mortgage rates can fall even further—and just how low they can go.
The post With Mortgage Rates at Record Lows, How Can Buyers Know When To Pounce? appeared first on Real Estate News & Insights | realtor.com®.
Homeowners are rushing to refinance at record-low interest rates. Many are finding that lenders have reserved their best rates for buyers.
The post Refinancing Your Mortgage? Those Rock-Bottom Interest Rates Aren’t for You appeared first on Real Estate News & Insights | realtor.com®.