Mortgage Rates: Past, Present, and Possible Future

September 16, 2023

To understand where mortgage rates may be going, it’s helpful to look at where they’ve been in the past. There’s a clear connection between inflation and mortgage rates, and if that historical relationship holds true, the recent decline in inflation may mean good news for the future of mortgage rates and your homeownership goals.

How Inflation Affects Mortgage Rates

August 27, 2023

What happens to mortgage rates depends on inflation. If inflation cools down, mortgage rates should go down too.

Sellers: Don’t Let These Two Things Hold You Back

August 15, 2023

Instead of focusing on the challenges sellers may face, focus on what you can control.

The Main Reason Mortgage Rates Are So High

July 8, 2023

When it comes to forecasting mortgage rates, no one can know for sure exactly what will happen

What You Should Know About Rising Mortgage Rates

March 5, 2023

The biggest challenge the housing market’s facing is how few homes there are for sale.

3% Mortgage Rates Are Not Returning Anytime Soon

February 11, 2023

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power

Mortgage Rates Will Come Down, It’s Just a Matter of Time

December 13, 2022

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact

Factors That Impact Mortgage Pre Approval

November 26, 2022

A Crucial First Step: Mortgage Pre-Approval Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying

What Determines My Mortgage Rate?

November 16, 2022

Four Things That Help Determine Your Mortgage Rate If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the

Expert Forecasts on Mortgage Rates

September 13, 2022

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?