Tag Archives: 30 year fixed mortgage
With homes, good fences make fast sellers
When selling your home, brag about your fenced backyard if you have one. You might sell your house faster. Continue reading
Best mortgage servicer award goes to…
Most mortgage companies starve their servicing departments, to the frustration of their captive customers. The companies that do a good job of servicing deserve attention for it. Continue reading
Big problem getting a little mortgage
Good luck if you want a mortgage for less than $50,000. They’re hard to get, and that’s a problem. Continue reading
Ho-hum GDP report keeps lid on mortgages
Today’s weak report on 2nd quarter gross domestic product is welcome news for mortgage shoppers. Continue reading
Democrats: Expand federal role in housing
Housing is unaffordable for too many people, and government can help, according to the Democratic Party’s platform. Continue reading
5 ways and reasons to refinance your mortgage
Mortgage rates have fallen to near record lows since last month’s Brexit vote, and many homeowners are refinancing. There’s more than just 1 way to refinance. Here are some of your options. Continue reading
How to figure out whether you should refinance the mortgage
A reader named Oscar notices that mortgage rates are near all-time lows. He asks: Mr. Lewis, what about people with less than a year-old loan — a 30-year fixed at 4%? Probably refinancing at 3.25%. Would it be worth the time on line in the bank? That’… Continue reading
Home-shoppers, the jobs report didn’t raise mortgage rates
Home-shoppers, be cheerful: Job growth in June was surprisingly high, but the news hasn’t had much effect on mortgage rates. They’re staying near record lows. Read this week’s mortgage analysis, in which the 30-year-fixed fell to just shy of its all-ti… Continue reading
Mortgage refis boom with rates near record lows
The 30-year, fixed-rate mortgage fell this week to just above its all-time lowest level. And people already are taking advantage, flooding mortgage companies with refinance applications. The benchmark 30-year fixed averaged 3.52% this week. The record … Continue reading
Good day to refinance, due to bond plunge
Mortgage rates are at or near record lows. It’s a good time to refinance a mortgage, especially if you got your mortgage more than 5 years ago and you haven’t refinanced since then. Mortgage rates have fallen along with the yield on the 10-year Treasur… Continue reading