Freddie Mac stated the 30-year mortgage rate averaged 3.75% the week ending July 25, 2019. Interest rates have been staying pretty flat this summer (3.82% as of June 6, 2019). The 15-year rate went from a June 3.28% rate to 3.18% last week. Many are expecting the Fed to lower the Federal Reserve rate (from

After falling to 14-month lows in the end of March, it’s only natural—and inevitable—that the rates would begin to rise again. In April, the 30-year fixed rates have grown yet again from the lowest of 4.06% to 4.2%. This week, 30-year fixed rates are finally coming down a little and closing the week at 4.14%,

The rates are at the lowest point in 14 months!! It is an ideal time to refinance your mortgage or buy a home which maybe out of your price range a month ago. This awesome news for home buyers looking for lower mortgage payments for their first mortgage and for people looking to refinance their

The mortgage rates have been dropping since February which is a welcome sign for a lot of homeowners or those ready to buy.  Combined with new higher loan limits, the amount of mortgage applications have increased for the past few weeks. The housing market was quiet in the last quarter of 2018 due to; the