Posts Tagged mortgage rates

5 Things You Can Do To Get The Best Mortgage Rate

The median home price in the United States currently sits at around $276,000, according to recent data from real estate listing site Zillow. Since most people don’t have that much cash on hand, anyone who’s thinking about buying a home right now will likely need to borrow most of the money from a mortgage lender — plus interest. That’s why it’s important to shop for the best interest rate available, and do your own part to ensure you can qualify for the best pricing your lender offers. Below are just a few things borrowers can do to help improve their

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Why You Should Sell Your Home in 2019

Could the new year ahead be the year for home sellers? While not many experts are predicting record-shattering prices, 2019 could still be an excellent time to put your home on the market. Here’s why: 1.) New Buyers Entering The Market While it won’t be uncommon to see periodic drops in buyer activity — especially since mortgage rates have been poised to increase — but make no mistake, buyers who are ready to make a purchase will come out. New buyers are beginning to enter the market at a more determined pace, and with home prices leveling off throughout much of

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Mortgage Rates May Rise Soon

house on chart showing decrease in statistics

Mortgage rates have remained fairly steady the last few months, but experts warn things could change very soon. According to a recent article from The Washington Post, rates began moving higher the week of July 26. Data released that day from Freddie Mac said the 30 year fixed rate average rose to its highest level in a month, growing to 4.54 percent with an average 0.5 point. (For clarification, points are fees paid by the borrower to the lender equal to 1 percent of the loan amount.)

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