[ Market News ][ Minimalist LIfestyle ][ Mortgage Rates ]

Mortgage Rate vs. APR: What to Watch For

It’s time for another mortgage match-up: “Mortgage rate vs. APR.” If you’re shopping for real estate or looking to refinance, and you’ve seen a certain mortgage rate advertised, you may have noticed a second, similar percentage adjacent to or below that interest rate, possibly in smaller, fine print. But why? Well, one is the mortgage [&hellip

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[ Minimalist LIfestyle ][ Mortgage ][ Mortgage Tips ][ Refinance ]

The Top 15 Refinance Questions Answered

With mortgage rates at or near all-time record lows, you’ve likely pondered a refinance if you’re an existing homeowner. But you probably have a lot of questions too, especially if it’s your first time refinancing a home loan. Let’s clear up some of the confusion by tackling some of the most common refinance questions out [&hellip

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[ Market News ][ Minimalist LIfestyle ][ Mortgage Rates ][ Mortgage Tips ]

When Are Mortgage Rates Lowest?

We’re all looking for an angle, especially if it’ll save us some money. Whether it’s a stock market trend, a home price trend, or a mortgage rate trend, someone always claims to have unlocked the code. Unfortunately, it’s usually all nonsense, or predicated on the belief that what happened in the past will occur again [&hellip

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[ Market News ][ Minimalist LIfestyle ][ Mortgage Rates ][ Mortgage Tips ]

10 Mortgage Lenders to Consider for the Best Mortgage Rates (and Fees!)

Everyone likes a discount, right, even if it’s on a small one-time purchase that equates to a nominal amount. For one reason or another, it just feels like a win. It’s obviously even sweeter if you get a discount on a big-ticket item, as the savings will be much larger. Better yet, how about a [&hellip

The post 10 Mortgage Lenders to Consider for the Best Mortgage Rates (and Fees!) first appeared on The Truth About Mortgage.

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[ Minimalist LIfestyle ][ Mortgage ][ Mortgage Rates ][ Mortgage Tips ][ Refinance ]

Why Are Refinance Rates Higher?

Mortgage Q&A: “Why are refinance rates higher?” If you’ve been comparing mortgage rates lately in an effort to save some money on your home loan, you may have noticed that refinance rates are higher than purchase loan rates. This seems to be the case for a lot of big banks out there, including Chase, Citi, [&hellip

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Real Estate Is Red Hot Because Mortgage Payments Are Still Cheap

If you’re scratching your head wondering why home prices continue to go up and up, consider the fact that it’s actually cheaper now than it was a year ago. It’s also less expensive to own a home today than it was back in 2019, 2018, 2008, 2007, 2006, 2005, and even during parts of 2004. [&hellip

The post Real Estate Is Red Hot Because Mortgage Payments Are Still Cheap first appeared on The Truth About Mortgage.

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[ Market News ][ Minimalist LIfestyle ][ Mortgage Rates ][ Mortgage Tips ]

How to Get a Wholesale Mortgage Rate

Mortgage Q&A: “How to get a wholesale mortgage rate?” Wholesale mortgage rates tend to be considerably cheaper than their retail counterparts, though it’s never a guarantee with so many lenders out there these days. To get your hands on one, you need to shop for your home loan with a mortgage broker, who has access [&hellip

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[ Minimalist LIfestyle ][ Mortgage News ]

2021 Mortgage and Housing Market Predictions

Welp, it’ll be nice to close out 2020 and look ahead to a brand-new year that hopefully features a lot less drama and much more good news. While the housing market actually absorbed both the COVID-19 pandemic and the presidential election surprisingly well, we can probably thank the record low mortgage rates for that. And [&hellip

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[ Market News ][ Minimalist LIfestyle ][ Mortgage Rates ]

Mortgage Rates vs. the Stock Market

Mortgage match-ups: “Mortgage rates vs. the stock market.” With all the recent stock market volatility, you may be wondering what effect such events have on mortgage rates. Do mortgage rates go up if stocks go down and vice versa? Or do they move in relative lockstep? Let’s find out! Stocks and Mortgage Rates Follow the [&hellip

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