Mortgage Rates Archives - Hot List Names

Watch Out for Low Mortgage Rates You Have to Pay For

February 14, 2021

| Mortgage, Mortgage Rates, Mortgage Tips, Personal Finance, Refinance

Mortgage rates keep on marching lower and lower, with new records broken seemingly every week. But with all the fervor surrounding mortgage rates, some lenders are playing the âhow low can we appear to goâ game. For example, mortgage lenders may be talking about their lowest rates (with multiple points required), as opposed to offering [&hellip

The post Watch Out for Low Mortgage Rates You Have to Pay For first appeared on The Truth About Mortgage.

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

February 12, 2021

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| Money Tips, Mortgage, Mortgage Rates, Mortgage Tips

Everyone likes a discount, right, even if itâs on a small one-time purchase that equates to a nominal amount. For one reason or another, it just feels like a win. Itâs 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.

Mortgage Rates vs. the Stock Market

February 4, 2021

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| Money Tips, Mortgage, Mortgage Rates

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

The post Mortgage Rates vs. the Stock Market first appeared on The Truth About Mortgage.

When Are Mortgage Rates Lowest?

February 4, 2021

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| Money Tips, Mortgage, Mortgage Rates, Mortgage Tips

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

The post When Are Mortgage Rates Lowest? first appeared on The Truth About Mortgage.

Real Estate Is Red Hot Because Mortgage Payments Are Still Cheap

February 4, 2021

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| Mortgage, Mortgage News, Mortgage Rates

If youâre scratching your head wondering why home prices continue to go up and up, consider the fact that itâs actually cheaper now than it was a year ago. Itâs 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.

Mortgage Rate vs. APR: What to Watch For

February 1, 2021

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| Money Tips, Mortgage, Mortgage Rates

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

The post Mortgage Rate vs. APR: What to Watch For first appeared on The Truth About Mortgage.

Donât Freak Out About the Recent Mortgage Rate âSpikeâ

February 1, 2021

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| Mortgage, Mortgage News, Mortgage Rates, Personal Finance, Refinance

Queue the panic. Mortgage rates have officially spiked and the media is all over it. Yep, the average rate on a 30-year fixed mortgage increased from 2.65% to 2.79% this week, per Freddie Macâs weekly survey. Freddie Mac Chief Economist Sam Khater noted in the weekly news release that mortgage rates have been under pressure [&hellip

The post Donât Freak Out About the Recent Mortgage Rate âSpikeâ first appeared on The Truth About Mortgage.

How to Get a Wholesale Mortgage Rate

February 1, 2021

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| Money Tips, Mortgage, Mortgage Rates, Mortgage Tips

Mortgage Q&A: âHow to get a wholesale mortgage rate?â 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

The post How to Get a Wholesale Mortgage Rate first appeared on The Truth About Mortgage.

United Wholesale Mortgage Now Offering FHA Loans with Rates Below 2%

February 1, 2021

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| Mortgage, Mortgage News, Mortgage Rates

The leading wholesale mortgage lender in the nation has brought the heat once again, this time offering 30-year fixed mortgage rates below 2% on FHA loans. United Wholesale Mortgage announced that borrowers can now lock in interest rates as low as 1.99% on FHA-backed loans via its popular Conquest program. The new Conquest for FHA [&hellip

The post United Wholesale Mortgage Now Offering FHA Loans with Rates Below 2% first appeared on The Truth About Mortgage.

Mortgage Rates vs. a Potential War with Iran

January 17, 2021

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| Money Tips, Mortgage, Mortgage News, Mortgage Rates

Well, itâs a new year and it certainly didnât begin quietly. Might as well address the elephant in the room when it comes to your mortgage. This isnât the first time Iâve discussed the possibility of war and its impact on mortgage rates, with the last discussion centered on the Syrian conflict back in 2013. [&hellip

The post Mortgage Rates vs. a Potential War with Iran first appeared on The Truth About Mortgage.