Mortgage Rates Near 1-Year Highs
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you're an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let's say the payment is $5 or enough to buy a dozen
Mortgage Rates End Week Roughly Unchanged
Rates are based on bonds and bonds have been taking cues from oil prices this week. Oil was flat overnight, bringing bonds along for the sideways ride. As such, the average mortgage lender began the day almost perfectly in line with yesterday's latest levels. All that having been said, bonds experi
Rates Recover Modestly
Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was fairly small with the average lender dropping 0.03% to 6.5% for a top-tier 30yr fixed scenario. One reason for caution is that the rate improvement looks to be dependent
Why the Right Real Estate Agent Can Save You Thousands When Selling Your Home in Georgia
Why the Right Real Estate Agent Can Save You Thousands When Selling Your Home Selling a home isn't just about putting a sign in the yard or listing it online. The biggest financial decisions often happen after the offers start coming in. That's where your real estate agent becomes your greatest as