San Diego Interest Rates
On Thursday the National Association of Realtors said the share of first-time buyers is at the second lowest level in over 30 years. The 2015 Profile of Home Buyers and Sellers reveals a home buying market driven by repeat buyers within two income households. Historically, first-time buyers constitute nearly 40 percent share of primary home […]
Mortgage Rates and Home Prices on the Rise
Prices and Rates Head in Same Direction According to Redfin, home sales across the U.S. in April surged 5.4% from 2014. And sales of newly listed homes increased at least 10% for the third straight month, posting a 10.7% gain. However, sales weren’t the only thing to rise. Last month, home prices throughout most of […]
2015 Mortgage Rates Start At A 20-Month Low
2015 Mortgage Rates Start At A 20-Month Low The year 2015 has kicked off with some great news for people looking to get mortgage to buy a new home. Mortgage rates have further depreciated, making it their 20-month lowest since 2013 in May. With the average thirty-year fixed rate mortgage hovering at 3.73 percent, now […]
Why 96% of Consumers Think That Mortgage Rates Have Bottomed Out
Why 96% of Consumers Think That Mortgage Rates Have Bottomed Out According to recent statistics, mortgage interest rates have reached their lowest level in a long, long time and this goes not only for conventional mortgage loans, but for VA loans (loans guaranteed by the Department of Veterans affairs) and FHA mortgages (insured by the […]
Where Will Mortgage Rates Be In 2015?
Where Will Mortgage Rates Be In 2015? With mortgage rates in San Diego averaging their lowest in 20 months, there are many people recognizing the opportunity to get a mortgage in order to purchase a home. However, despite the low mortgage rates seen at the start of 2015, many experts predict that rates will start […]
The Departure Of Bill Gross From Pimco Has Contributed To The Falling Of US Mortgage Rates
The Departure Of Bill Gross From Pimco Has Contributed To The Falling Of US Mortgage Rates While the concerning worldwide news of European and Asian economic unrest have been causing mortgage rates to drop to low levels, the departure of Bill Gross from Pimco may have further accelerated the falling trend of rates that can […]
Mortgage Rates Fallen To Their Lowest Level Since June 2013
Anyone who is paying attention to the United States financial market has surely noticed that a new low in mortgage rates has just recently been reached. It has been a full 16 months since rates this low have been reached on the average 30-year fixed-rate mortgage market. This is largely the result of concerns about […]
Why Mortgage Costs May Soon Grow For Many Homebuyers
What Is The True Cost of Mortgage Payments? Since the beginning of the housing crisis, in 2008, there have been many up and downs in the housing market. Some potential homebuyers have found it difficult to purchase a home, while others, along with real estate investors and home flippers, have taken advantage of the crisis […]
Low Mortgage Rates Are Persistent
Lowest Mortgage Rates 2014 Over the course of 2014, we’ve watched a very interesting phenomenon take place in home mortgages. Despite the fact that many economists and experts predicted that mortgage rates would rise from last year’s rates, they have remained persistently low. This was a surprising turn that no one expected, considering that almost […]
How to Compare Mortgage Rates
Obtaining the best rates for your mortgage loan can help you save thousands of dollars in the long run and set you up with mortgage deals that not many people can benefit from. While lenders often advertise their own rates as being the “best”, not every offer can be considered as a viable one, and […]
