Category Archives: Mortgages

Why Mortgage Rates Are Not Higher

Posted on January 31, 2014 by Cliff

Mortgage Rates Economists have predicted that mortgage rates will rise in 2014, but so far, nothing’s happening. For the past month, mortgage rates have mostly stayed flat or moved lower, with the 30-year fixed-rate mortgage averaging just above 4.5 percent. … Continue reading →

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In 2014 Borrowers Face Higher Mortgage Fees

Posted on December 23, 2013 by Cliff

Mortgage giants Fannie Mae and Freddie Mac increase mortgage fees Borrowers will likely see an increase in mortgage fees next spring, particularly those who lack a sizable down payment or have less-than-perfect credit scores. Mortgage giants Fannie Mae and Freddie … Continue reading →

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Home Mortgage Loans Dropped Again

Posted on November 14, 2013 by Cliff

Home Mortgage Loans The Mortgage Bankers Association reports that its mortgage application index — which reflects both refinancing and home mortgage loans — dropped 1.8 percent for the week ending Nov. 8. That follows a revised drop of 2.8 percent … Continue reading →

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Expected Mortgage Rates In 2014

Posted on October 31, 2013 by Cliff

Expected Mortgage Rates Expected mortgage rates will likely rise above 5 % in 2014 and average 5.3 % by the end of the following year, according to the Mortgage Bankers Association’s forecast. That would mark a big jump over where … Continue reading →

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2.5 Million More Property Mortgages Above Water

Posted on October 29, 2013 by Cliff

Property Mortgages Above Water 2.5 million more property mortgages above water in the second quarter, according to CoreLogic.  41.5 million property mortgages have equity. Some home owners are still waiting for equity to return: 14.5 percent of all residential properties … Continue reading →

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Buy Now While Mortgage Rates Are Still Low

Posted on October 14, 2013 by Cliff

Mortgage Rates nearing 5% Mortgage rates are nearing the 5 % mark, leading many home buyers to take advantage of rates while they are still low. “Most people agree it is only a matter of time before rates hit 5 … Continue reading →

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