Search results for “Mortgage Rates”


Mortgage Rates On the Rise  Read This Before You Refinance
April 26, 2021

Mortgage Rates On the Rise Read This Before You Refinance

What is a Good Mortgage Rate? The answer to that question can vary depending upon everything from your personal financial situation to current housing market conditions. Of course, the adage, “the low...


A History of Mortgage Rates
February 21, 2022

A History of Mortgage Rates

Inflation and Mortgage Rates In 1971, the average mortgage rate was 7.31% - a rate that may seem relatively high compared to today’s rates. However, in 1974 the average annual rate of inflation began ...


Mortgage Rate Predictions for 2022
February 15, 2022

Mortgage Rate Predictions for 2022

The Fed is Fighting Inflation – Expect to see Rates Climb First, what is the Federal Reserve? The Federal Reserve (Fed) is the central bank of the United States that serves to regulate the U.S. bankin...


15 Mortgage Terms You Need to Know
October 14, 2020

15 Mortgage Terms You Need to Know

1. AmortizationAmortization describes the shrinking of your mortgage as you pay it off. With each mortgage payment you make, part of the repayment is applied towards reducing the principal, while a se...


Why Refinancing Still Makes Sense Amid Rising Rates
April 12, 2021

Why Refinancing Still Makes Sense Amid Rising Rates

Mortgage Interest Rates Are Still Considered Low Even as mortgage rates have been rising over the past year, the rates remain near historic lows; therefore, many people are locking in today’s rates to...


How Does Mortgage Interest Work?
February 18, 2022

How Does Mortgage Interest Work?

Here is How Your Mortgage Is Calculated Amortization Mortgages are repaid with amortization. This is an established installment loan repayment schedule that includes your overall monthly payment and ...


December 16, 2020

Mortgage Rates Not Impressed by Market Volatility

Mortgage rates are based on mortgage-backed securities (MBS), which are essentially bonds.  Conventional wisdom holds that stocks and bonds supplement one another, and that as "money moves in" to one ...


Mortgage Interest Rates Predictions
May 10, 2021

Mortgage Interest Rates Predictions

10-Year Treasury Bond The 10-year Treasury yield is closely watched as an indicator of broader investor confidence. This is because Treasury bills, notes, and bonds are considered safe investments b...


How Important is Credit in the Mortgage Application Process?
April 17, 2021

How Important is Credit in the Mortgage Application Process?

Your Credit History Your credit report is a representation of your last seven years of financial activity. It shows lenders how you have managed past accounts and how you are currently handling debt. ...