Tag Archives: fixed-rate mortgage (FRM)

Rates remained below 3% but leapt this week following a strong U.S. jobs report and strong growth in the economic sector.

Purchase apps have fallen slightly, however homeowners nationwide continue to jump into the refi market with rates falling to record low territory.

A new study found that pending home sales fell in June, with record low rates not enough to lure potential homebuyers to a market currently experiencing a spike in prices.

After falling incrementally over the past month, mortgage rates climbed yet remained below the 3% mark for the fifth consecutive week.

As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.

If the sticker shock of a new home isn’t jarring alone, an analysis of home projects has found that a typical home can require an additional $30K on top of the sale.

For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?

While the struggle between tight inventory and high demand continues, are record high sticker prices forcing prospective borrowers out of the market in droves?

After rising above the 3% mark last week, mortgage rates dipped this week, with low and stable rates continuing to drive a booming market.