Mortgage Rates

The Average Mortgage Payment Is Declining. Here’s Why.

According to a report that was recently published by the United States Census Bureau, the average mortgage payment has been dropping. According to the bureau, the average payment is just over $1,500 per month. This is shockingly close to the average cost of renting, which is just under $1,500 per month.

By |2020-02-07T05:00:00-05:00February 7th, 2020|Mortgage|Comments Off on The Average Mortgage Payment Is Declining. Here’s Why.

What’s Ahead For Mortgage Rates This Week -February 3rd, 2020

Last week's economic reports included readings on home prices, new and pending home sales and a statement from the Federal Reserve's Federal Open Market Committee. The University of Michigan issued its monthly statement on consumer sentiment and weekly reports on mortgage rates and first-time jobless claims were also released.

By |2020-02-03T05:45:00-05:00February 3rd, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week -February 3rd, 2020

What’s Ahead For Mortgage Rates This Week – January 27th, 2020

Last week's economic reporting was slim due to the observance of the Martin Luther King Jr. holiday. The National Association of Realtors(R) reported on sales of previously owned homes and the Veterans Administration announced changes to its home loan programs. Weekly reports on mortgage rates and initial unemployment claims were also released.

By |2020-01-27T05:45:00-05:00January 27th, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – January 27th, 2020

What’s Ahead For Mortgage Rates This Week – January 6th, 2020

Last week's economic reports included readings from Case-Schiller Home Price Indices and National Association of Realtors(R) data on pending home sales. The Conference Board of the U.S. Senate also released its Consumer Confidence Index. Weekly readings on mortgage rates and first-time jobless claims were also released.

By |2020-01-06T05:45:00-05:00January 6th, 2020|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – January 6th, 2020

What’s Ahead For Mortgage Rates This Week – December 23rd, 2019

Last week's economic reports included readings from the National Association of Home Builders on housing markets; the National Association of Realtors(R) released data on sales of previously-owned homes and the Commerce Department released readings on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were also released.

By |2019-12-23T05:45:00-05:00December 23rd, 2019|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – December 23rd, 2019

How Are Mortgage Rates Determined?

When someone is interested in buying a home, there are a number of factors that people need to consider. Some of these include the budget, the size of the home, and the mortgage interest rates.

By |2019-12-20T05:00:00-05:00December 20th, 2019|Mortgage|Comments Off on How Are Mortgage Rates Determined?

What’s Ahead For Mortgage Rates This Week – December 9th, 2019

Last week's economic reports included readings on construction spending and multiple labor sector reports including private and public sector jobs and the national unemployment rate. Weekly reports on average mortgage rates and first-time jobless claims were also released.

By |2019-12-09T05:45:00-05:00December 9th, 2019|Financial Reports|Comments Off on What’s Ahead For Mortgage Rates This Week – December 9th, 2019
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