With interest rates lower than ever, my husband and I have recently debated whether to refinance or not to refinance our home. We have gone back and forth plenty of times, weighing the pros and cons of each scenario. There are a lot of factors to consider, so below are ...

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey.

After the first ...

This last month was a flurry of extended snow days for our children, frigid temperatures, and slippery road conditions, which left many house hunters putting their plans on hold.  Pending home sales were down 6.5% from January 2016, but were up 5.4% from last month’s numbers.  In hopes ...

When you lock your doors at night, you think, “Phew, I’m safe!” Locks mean safety. Locks mean security. And it turns out the same is true in the world of home loans, where you may encounter the term “mortgage rate lock.” So what exactly does this refer to?

Mortgage ...

The Fed expects the economy to hit its target level of inflation next year. As a result, it also expects to raise short-term rates three times, by a total of 75 basis points. In reality, rate moves could be less—but they also could be more.  This means mortgage interest rates like we’ve seen for ...