8 Mortgage Experts Share Their Thoughts on Where Mortgage Rates Are Going This Year
February 20, 2023 If you’ve been following mortgage rates since the Fall of 2022 and thus far into 2023 you obviously know that rates fell from 7.37% to 5.99% earlier this month. However, they’ve been back on the rise again and on Friday, the average…
Mortgage rates are falling back near 6%, reopening the housing market for 3 million home buyers, according to Freddie Mac
Millennials and other first-time buyers might need to adjust their thinking to some degree when considering buying that first home. While 40% of home purchased in the High Country are done so with cash, most people under 30 years old are not walking around with…
Real Estate Analyst Dreaming of a Mild Spring to Aid Home Purchases
Homebuyers hoping for a better climate in 2023 have longer to wait, as they now face the highest mortgage rates to start a new year since 2002. However, analysts remain hopeful that today’s volatile rates will stabilize in the coming months. Sam Khater, Freddie Mac’s…
Great Ideas to Get Around Sky-High Mortgage Rates
Before I dive into some of less obvious hacks that can lower interest rates, there are the obvious ones. Like: Make a larger down-payment. Reduce the number of years on the loan. Pay CASH for the home or property you are interested in. Okay, now…