Currently Browsing: Mortgage Rates

Removing Roadblocks to Home Ownership – What if The Fed Raises Rates Today?

Removing Roadblocks to Home Ownership – What if The Fed Raises Rates Today?

I’m continuing on the topic of removing the roadblocks that stop people from homeownership, and today I am going to tie in something that I talk about every time The Fed meets: What if the rates go up today? Refresher on Fed…

Read More March 21, 2019
How Will the Fed Rate Hike Affect Your Wallet

How Will the Fed Rate Hike Affect Your Wallet

By now, you’ve probably heard that the Federal Reserve Board did raise the prime lending rate by .25% on December 16, marketing the first such hike since 2006.  What exactly will this mean for you and your budget?  Let’s examine a few…

Read More December 17, 2015
What’s Going to Happen with Interest Rates?

What’s Going to Happen with Interest Rates?

Nearly every day I get asked the question “What’s going to happen with interest rates?” The truthful answer is that no one can really predict when or if interest rates will go up or down.  But I think it’s worth noting that…

Read More October 1, 2015
The Importance of Knowing Your Mortgage Interest Rate

The Importance of Knowing Your Mortgage Interest Rate

There are many important facts that people know about their finances, and they can rattle off all kinds of numbers about how much they make, how much they have in their savings account, and how much their monthly bills are. But according…

Read More February 12, 2015
Refinancing Expectations

Refinancing Expectations

One of the biggest questions current homeowners are asking themselves is if they should refinance or not. According to the Mortgage Brokers Association, it is predicting that mortgage rates will rise slightly throughout 2013. So, should you refinance immediately? Well, here are…

Read More April 24, 2013
Where are Those Mortgage Rates Going in 2013?

Where are Those Mortgage Rates Going in 2013?

Due to the housing market showing definite signs of rejuvenation, numerous experts agree that the coming spring homebuying season could be a busy one for both sellers and buyers. Most buyers and sellers are anxious to know where the mortgage rates are going…

Read More February 13, 2013
Will the Election Affect Mortgage Rates?

Will the Election Affect Mortgage Rates?

With the presidential election coming next week, there are many of you probably wondering how this election could influence mortgage rates. Well, first of all, the important thing you need to remember is how the election’s results are “perceived” by the financial…

Read More November 1, 2012
Growth in Jobs Triggers Increased Mortgage Rates

Growth in Jobs Triggers Increased Mortgage Rates

In 2008 and 2009, the United States economy turned, leading to a national Unemployment Rate of 10%.  During this time, mortgage rates dropped since the Non-Farm Payroll Report indicated that the economy, in the months to come, would conceivably decline. In a…

Read More August 8, 2012

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