Tag Archives: fixed-rate mortgage (FRM)

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.

Buyer demand, coupled with a lack of inventory, continues to apply pressure on home prices—which are predicted to remain at double-digit increases through Q3.

Continued low inventory and increasing affordability issues remain obstacles in a market experiencing continued low rates, as NAR issues key data gauging the course of the market to wrap up Q2.

For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.

Freddie Mac has found that rates are on the slide for the second consecutive week, dipping further below the 3% mark.

With the U.S. economy on the rise, mortgage rates slipped further below the 3% mark, but high prices and short supply continue to force down application volume.