All posts tagged: mortgage rates

With Mortgage Rates at Record Lows, How Can Buyers Know When To Pounce?

The year of 2020 will be remembered by many people and for many reasons. The year was rocked by a pandemic with a ripple effect that created an economic recession; complex social unrest; and a highly polarized presidential election.  Oh, and let’s not forget it was also a year of historically damaging wildfires and hurricanes!

No comments
Notary Near YouWith Mortgage Rates at Record Lows, How Can Buyers Know When To Pounce?
read more

Have You Heard about 1.99% Mortgage Rates? There’s a Catch!

The mortgage industry has been offering incredibly low rate loans with low or no fees. Recent weeks have seen some mortgage lenders promoting their new 1.99% fixed rate loans, but it’s important to understand the fees involved in these loans. They might be a very good choice for some borrowers but are also a very wrong choice for many.

No comments
Notary Near YouHave You Heard about 1.99% Mortgage Rates? There’s a Catch!
read more

Mortgage Rates Plunge to All-Time Lows

Home owners and home buyers across the nation are thrilled to have an opportunity to secure a mortgage rate that is the lowest rate ever offered in the US. During a year that has seen a pandemic and civil unrest, the nation also enters a time where the average lender is offering mortgage rates that are below 3%.  

No comments
Notary Near YouMortgage Rates Plunge to All-Time Lows
read more

Mortgage Rates React To Strong Jobs Report

According to an article by Matthew Graham for Mortgage News Daily, “the jobs report has a more consistent track record of causing big market movement than any other piece of economic data”. He further states “the underlying bond market improved throughout the day and held onto that improvement, resulting in lenders offering lower rates”.

No comments
Notary Near YouMortgage Rates React To Strong Jobs Report
read more

Will We Continue to Enjoy Low Mortgage Interest Rates?

If you purchased a home in the 80’s it likely included a double-digit mortgage interest rate. According to an article on ValuePenguin.com “over the past 48 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012.”  You can read the complete article including historical graphs here:

No comments
Notary Near YouWill We Continue to Enjoy Low Mortgage Interest Rates?
read more