Mortgage Rates Fall Again in Good News for Homebuyers as Spring Begins
“As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,” says Freddie Mac Chief Economist Sam Khater. “The decline in rates increases prospective homebuyers’ purchasing power and should provide a strong incentive to make a move."
5 tips for buying a home when mortgage rates are high
28/36 rule: Housing expenses (including mortgage payments, utilities, HOA fees and homeowners insurance) should be no more than 28% of your gross income and no more than 36% on debts overall. 30% rule: Keep monthly mortgage payments and other housing costs to no more than 30% of your take-home pay.
These are today's mortgage and refinance rates. Mortgage rates are down from last month, but it's unclear if they'll drop ...
Homebuyers can breathe a small sigh of relief, as mortgage rates are declining. Freddie Mac data released Thursday showed ...
Mortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial ...
After falling every day for almost two weeks, 30-year mortgage rates have moved higher the last two days. Rates climbed for ...
Total mortgage application volume jumped 20.4% last week compared with the previous week, according to the Mortgage Bankers ...
Commissions do not affect our editors' opinions or evaluations. Mortgage interest rates are dynamic and unpredictable, and can fluctuate many times between when you file a loan application and ...
Mortgage rates hit their lowest level this year at 6.72%. A Zillow senior economist points to a lackluster consumer sentiment ...
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