Last week’s jobs report came in stronger than expected with the labor market adding 280k jobs vs the 225k forecast. This news sent mortgage rates to 2015 highs. The market bounced back with the help of the European bond market but volatility still remains high. If you are considering the purchase of a new home ...
Mortgage rates began to make their move higher ahead of the Fed announcement last week. European market movement has done the most to push our rates higher in the U.S. This week is important as the April employment report is out on Friday. As usual we can expect tomorrow to cause some volatility and momentum ...
A growing number of homeowners are choosing to pay down their mortgages at a faster rate – even if it means a substantial jump in their monthly mortgage payments. According to research, last year at this time—in the first six months of 2011—26% of homeowners who refinanced chose a 15-year fixed-rate mortgage. During all of ...
For as low as 30-year fixed rate mortgage rates are today, 15-year fixed rate mortgage rates are even lower. If you’ve ever thought of refinancing into a 15-year term, now is the perfect time to look into making the switch. A growing number of homeowners are choosing to do just that, in order to pay ...
