Tag Archives: Bankrate

Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.

They might have taken the final plunge and bought that home, but here’s what a report revealed about why many young homeowners are living with regret about their purchase.

Most generations agree on the ideal age to buy a first home. But reality can be a big bump in the road to planning for one for many homebuyers. A new survey gives some insight.

From television commercials to paid searches on the internet, mortgage lenders are using their marketing budgets reach potential borrowers this homebuying season. An analysis looked at the top spenders and here's what it found.

Greg McBride is the SVP and Chief Financial Analyst for Bankrate.com, with over two decades' worth of experience in personal finance. A regular staple the cable news scene, McBride regularly provides insights ...

Mortgage rates remained fairly steady this week, even as the Financial Open Market Committee met to discuss potential hikes in the federal funds rate. These low rates may not stay for long, however. Reports found that the rate for a 30-year fixed-rate mortgage has stayed flat, but experts noted that the Fed's "half-full" economic outlook may mean rates will rise again at some point this year.

Poor growth in the economy in the first three months of 2017, coupled Federal Open Market Committee’s March meeting minutes just released to spur a drop in mortgage rates. Thirty-year fixed mortgages and 15-year FRM both showed lower rates this week and a steady decline during the first three months of the year. This marks the third consecutive week of reductions.

MReport had the opportunity to speak with McBride on Wednesday shortly before the Federal Reserve announced the rate increase.

The five major measuring tools used to rank each state for first time buyers were housing affordability, the job market for young adult, housing market tightness, credit availability, and homeownership among the under-35 crowd.

Marketplace lenders, who mostly conduct their business through unsecured personal loans, are beginning to step further into the online space to offer mortgage loans to borrowers.