Mortgage – Bert Martinez

September 7, 20230Comments

Mortgage demand falls to 27-year low despite drop in interest rates

Total mortgage application volume fell 2.9% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. After rising sharply for several weeks, mortgage interest rates

by Janice Thompson

Mortgage

Real Estate

August 25, 20230Comments

Mortgage rates are at a 23-year high. Here’s what buyers can do to cut costs

Inflation ticked up in July and the benchmark interest rate is already at a 22-year high. With homebuyers already squeezed by current economic conditions, more unwelcome news came out on Wednesday: mortgage

by Janice Thompson

Mortgage

Real Estate

August 24, 20230Comments

3 great ways to get a lower mortgage interest rate in today’s market

With months of promising signs that inflation was finally cooling, many homebuyers were cautiously optimistic that interest rates would be coming down later this year and into 2024. But after a

by Adam Lee

Mortgage

Uncategorized

July 7, 20230Comments

Mortgage rates hit new high for year

The average 30-year fixed mortgage rate hit 6.81% this week, a new high for the year and a 1.5% leap from a year ago, according to Freddie Mac. Consistently high

by Adam Lee

Mortgage

Real Estate

June 27, 20230Comments

Home prices fall in 11-year first

Home prices fell from a year ago for the first time since 2012, a sign that rising interest rates have begun to weigh on the market. Prices declined 0.2% nationally

by Janice Thompson