Average U.S. Mortgage Rate Drops to 2.96% This Week, Freddie Mac Says
While the Covid-19 pandemic is receding in the U.S., a weak global economy is boosting demand in the bond markets.
June 10, 2021 2 MIN
While the Covid-19 pandemic is receding in the U.S., a weak global economy is boosting demand in the bond markets.
To qualify for a mortgage backed by the Veterans Administration, you may need to bump up your credit score.
In a hot market, many sellers have easier options than a buyer with a VA loan.
A spike in lumber prices has added about $36,000 to the cost of a new home as builders and renovators compete for limited supply from sawmills, NAHB said in a new report.
The average U.S. FICO score rose to a record high in 2020 amid the worst pandemic in more than a century, according to Experian data.
With no down payment required, flexible credit guidelines and limits on closing costs and fees,...
Mortgage rates ticked higher this week while remaining below the 3% threshold as bond investors worried about rising Covid-19 infections, Freddie Mac said.
Veterans and service members can again use their VA benefits to fund their fixer-upper projects....
Sales of new houses jumped in March to the highest level in more than 14 years as construction crews raced to meet a surge in demand.
Mortgage rates are falling as bond investors worry about a resurgence of the Covid-19 pandemic that would delay an economic resurgence.
American homeowners are sitting on nearly $28 trillion of equity – an all-time high.
Some homebuyers using VA loans are now eligible for a streamlined appraisal process.
Closing costs add up quickly. You should plan on spending 2% to 5% of the mortgage loan on these addition fees.
Even a small change in a rate can have a hefty impact on the long-term costs of your mortgage.
