Market News April 25

Market News April 25

Why Mortgage Interest Rates Are SpikingLast Friday (April 11th), the average rate on the popular 30-year fixed mortgage surged 13 basis points to 7.1%, according to Mortgage News Daily. That's the highest rate since mid-February.Mortgage rates have been on a roller...
Market News April 18

Market News April 18

Why Mortgage Interest Rates Are SpikingLast Friday (April 11th), the average rate on the popular 30-year fixed mortgage surged 13 basis points to 7.1%, according to Mortgage News Daily. That's the highest rate since mid-February.Mortgage rates have been on a roller...
Market News April 11

Market News April 11

Market Volatility Affecting Lending RatesAfter gradually improving, mortgage interest rates reacted to unpredictable stock market movements by increasing by 25 basis points earlier this week.Last week's rate drop encouraged would-be buyers to view homes, building...
Market News April 4

Market News April 4

Market Activity, Housing Payments IncreaseThe typical U.S. homebuyer's monthly housing payment hit an all-time high of $2,807 during the four weeks ending March 23, up 5.3% from a year earlier. However, this isn't deterring market activity. Mortgage-purchase...