Nine ways to beat rising interest rates as a home buyer
Nine ways to beat rising interest rates as a home buyer
Rising interest rates are tough on home buyers. But there's plenty you can do to fight the market and lower your mortgage rate. Here's how.
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Rising interest rates are tough on home buyers. But there's plenty you can do to fight the market and lower your mortgage rate. Here's how.
Rising interest rates are tough on home buyers. But there's plenty you can do to fight the market and lower your mortgage rate. Here's how.
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%.
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%.
It was hard enough for home buyers when the coronavirus pandemic made finding available homes so difficult. Now, with mortgage rates for 30-year, fixed-rate loans climbing over 6 percent in September, from a low of around 2.6 percent at the start of 2021, affording those homes is also much more challenging. While 30-year, fixed-rate mortgages are the norm, 15-year, fixed-rate loans come with lower rates (though the monthly payments are higher). A recent study by the online loan marketplace Lendi...
It was hard enough for home buyers when the coronavirus pandemic made finding available homes so difficult. Now, with mortgage rates for 30-year, fixed-rate loans climbing over 6 percent in September, from a low of around 2.6 percent at the start of 2021, affording those homes is also much more challenging. While 30-year, fixed-rate mortgages are the norm, 15-year, fixed-rate loans come with lower rates (though the monthly payments are higher). A recent study by the online loan marketplace Lendi...
Demand for mortgages has tumbled amid rising rates, and generally speaking home prices have the American dream on hold.
The post Rising Interest Rates Shake Up the Mortgage Industry appeared first on SoFi.
Demand for mortgages has tumbled amid rising rates, and generally speaking home prices have the American dream on hold.
The post Rising Interest Rates Shake Up the Mortgage Industry appeared first on SoFi.
If youโve been considering buying a house โ or if youโre actually in the process โ youโve probably heard two things quite a bit lately: Interest rates are on the rise. Theyโre still historically low. Yes, they are still historically low, but that doesnโt change the fact that theyโre higher than if youโd just bought [โฆ]
The post 7 Ways for Homebuyers to Deal With Rising Interest Rates appeared first on Lighter Side of Real Estate.
If youโve been considering buying a house โ or if youโre actually in the process โ youโve probably heard two things quite a bit lately: Interest rates are on the rise. Theyโre still historically low. Yes, they are still historically low, but that doesnโt change the fact that theyโre higher than if youโd just bought [โฆ]
The post 7 Ways for Homebuyers to Deal With Rising Interest Rates appeared first on Lighter Side of Real Estate.
Donโt let fear of rising interest rates stop you from one of lifeโs greatest joys . . . having a home. Watch our video for 5 tips to secure a low interest rate.
Source
Donโt let fear of rising interest rates stop you from one of lifeโs greatest joys . . . having a home. Watch our video for 5 tips to secure a low interest rate.
Source
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several months, with mortgage rates now double what they were at the start of this year. Home prices, likewise, dropped 0.77% from June to July, according to a recent report from Black Knight, a software, data and analytics company. While that may not sound like a lot, it was the largest monthly drop since January o...
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several months, with mortgage rates now double what they were at the start of this year. Home prices, likewise, dropped 0.77% from June to July, according to a recent report from Black Knight, a software, data and analytics company. While that may not sound like a lot, it was the largest monthly drop since January o...
Courtesy ofย Inspirato Real Estate
As interest rates rise, your clients could be wondering whether or not itโs still a good idea to invest in a second property or vacation home. Keep reading to hear from Alisa Koenigsberg, a loan officer in Colorado who closely studies real estate trends, on why you shouldnโt wait to buy a vacation home. Inspirato Real Estate asked Alisa a few questions about current market trendsโsee her insight below.
Q: Whatโs happening with mortgage interest rates ri...
Courtesy ofย Inspirato Real Estate
As interest rates rise, your clients could be wondering whether or not itโs still a good idea to invest in a second property or vacation home. Keep reading to hear from Alisa Koenigsberg, a loan officer in Colorado who closely studies real estate trends, on why you shouldnโt wait to buy a vacation home. Inspirato Real Estate asked Alisa a few questions about current market trendsโsee her insight below.
Q: Whatโs happening with mortgage interest rates ri...
CNBC's Diana Olick joins 'Squawk Box' to break down how rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand.
CNBC's Diana Olick joins 'Squawk Box' to break down how rising mortgage interest rates are impacting mortgage applications, particularly refinancing demand.
Mortgage rates have doubled from where they were a year ago, and the home loan refinancing market has fallen off a cliff. And yet, there are still some homeowners who are refinancing their loans.
Mortgage rates have doubled from where they were a year ago, and the home loan refinancing market has fallen off a cliff. And yet, there are still some homeowners who are refinancing their loans.