Posts Tagged ‘mortgage market’

Homeowners can reap significant financial rewards by paying off their mortgages early. Let’s consider the most effective prepayment strategies.

Lump-Sum Prepayments

Unlike monthly payments, one-time lump-sum prepayments go straight toward reducing a

If you’re in the market for a home this year, you’ll want to keep your eye on a few things: mortgage rates, home prices, and home availability. Let’s see what

A borrower’s credit score often plays a significant role in determining loan type, amount, and terms. Here’s what you need to know.

Minimum Credit Scores

How low can a credit score go

Economists for the National Association of Realtors (NAR) recently gathered in Boston to talk about the future of the residential real estate market. Let’s look at the top-line takeaways.

Lower Mortgage

With the talk of interest rates dropping, lots of homeowners are thinking about refinancing. Let’s look at the logistics of refinancing and how it might work for you.

Refinancing 101

When you

The Federal Reserve recently made big news by lowering the federal funds rate for the first time in four years. This move will probably prompt lower mortgage rates, making now

The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun says, “In the second half of 2024, look for moderately lower mortgage rates, higher home sales, and stabilizing home prices.”

If you’re in the market for a new home, prices are likely front of mind. Let’s look at where Texas home prices stand, what you get for the price, and

Let’s break out our crystal ball and see where the real estate market is headed over the coming year.

Expect Some Relief with Rates

Nobody is predicting the eye-poppingly low-interest rates of

It’s a question that’s on the minds of many would-be refinancers. Here’s what the experts are saying:

Fannie Mae sees a slight uptick in 2023, with the average 30-year fixed rate