This Week in Rates

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Why do Mortgage Rates Rise and Fall?
February 13, 2014

There are probably not a lot of people who watch mortgage rates on a daily basis. At least when compared to the general public who have their daily lives to manage and current mortgage rates are the least of their concerns. But when someone is thinking of refinancing their current home loan or hoping to […]

Mortgage Rate Shopping

Mortgage Rate Shopping for Today’s Savvy Consumer
November 6, 2013

Before you get serious about buying a home or refinancing a current mortgage, the first question you usually ask is, “I wonder what rates are like?” Mortgage interest rates have an impact on monthly payments, maximum loan amounts and the amount of interest paid over the life of a loan, so it pays to shop […]

HARP 2.0 Rates Down

HARP 2.0 Interest Rates Down Thanks to Fed Action
September 25, 2013

Our economy has shown signs of recovery. Home values are up, the unemployment rate has fallen and other key components are showing positive signs. However, these numbers by no means indicate a booming economy. Hardly. In fact, “tepid” is a word that most pundits describe our current economic affairs. One bright spot however during this […]

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Current Mortgage Interest Rates
May 25, 2016

Mortgage interest rates change daily. Keep up with current rates to make the best decision on your home mortgage. CURRENT MORTGAGE INTEREST RATES Mortgage Rates Reported 30-Year Fixed* 15-year Fixed* 5/1 ARM* 5/19/16 3.58↑ 2.81%↔ 2.80%↑ 5/12/16 3.57% 2.81% 2.78% 5/5/16 3.61% 2.86% 2.80% 4/28/16 3.66% 2.89% 2.86% 4/21/16 3.59% 2.85% 2.81% 4/14/16 3.58% 2.86% […]

Mortgage rate history graph 1999-2014

This Week in Interest Rates – September 29 – October 3, 2014
September 29, 2014

What a week! Mortgage lenders everywhere might have a sprained neck from following mortgage rates as volatility was the word. The Dow experienced five straight days of triple digit moves both up and down and mortgage bonds were no stranger to the gyrations. Many mortgage companies changed their rates more than once during the day. […]

This week in mortgage interest rates

This Week in Mortgage Interest Rates – September 22-26, 2014
September 22, 2014

Mortgage rates hit levels not seen since early May of this year. According to Freddie Mac’s weekly mortgage survey, the 30 year rate topped out at 4.23% from 4.12% earlier, an 11 basis point jump. The 15 year rate also jumped by the same amount from 3.25% to 3.37% while the 1-Yr ARM dropped slightly […]