Freddie Mac reports that the average rate for a 30-yr fixed mortgage is at 3.51%. To obtain that rate a borrower would have to pay 0.7 in points and fees.
- Have You Outgrown Your Home?It may seem hard to imagine that the home you’re in today – whether it’s your starter home or just one you’ve fallen in love with along the way – might not be your forever home. The good news is, it’s okay to admit if your house no longer fits your needs. According to the […]
- A 365 Day Difference in HomeownershipOver the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you may want to decide if you’re going to refinance. […]
- Have You Budgeted for Closing Costs?Saving for a down payment is a key step in the homebuying process, and it’s not the only piece you need to include in your budget. Another factor that’s important to plan for is the closing costs required to obtain a mortgage. What Are Closing Costs? According to Trulia, “When you close on a home, a […]
- Have You Outgrown Your Home?