Getting the very lowest interest rate is usually top priority for most home loan seekers but mortgage rates can vary widely from day to day and year to year. They are influenced by international and domestic market changes as well as an individual borrowe
Aug 05, 2020 | Interest Rates Mortgage Basics
While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever wondered what an ARM loan is or why anyone would want one, here is what you need to know
Jun 17, 2020 | Interest Rates Mortgage Basics
Mortgage interest rates are near record lows again. This can mean great deals for homebuyers and great savings for homebuyers. Some lenders will even start advertising rates that are at least a half-point lower than the average national rate. Buyers and r
Mar 27, 2020 | Interest Rates Home Buying or Selling Homeowner Tips
When there are dramatic swings in the stock market, you may wonder how mortgage interest rates will be affected. What is the relationship between mortgage rates and stock prices? Do they move together or in opposite directions? Stocks and Mortg
Sep 04, 2019 | Interest Rates Mortgage Basics
When buying a home, there are several factors that affect how much mortgage you can afford. Two of the most important are the property prices and current mortgage interest rates. Is it better to search for the absolute lowest rate or is it more helpful to
Jul 31, 2019 | Interest Rates Purchasing a Home
If you have a fixed-rate home mortgage, you pay the exact same amount of principal and interest each month. But did you know that the amount of principal you pay toward the balance of your loan changes from month to month? This is called mortgage amortiza
May 08, 2019 | Credit Interest Rates Mortgage Basics