Above are examples of the mortgage rates are available today, and their cost. I don't do business with any of these lenders listed above and EVERY lender is able to give you a 6% rate today (and even under 6% with additional cost). Check with your favorite reliable...
All we need is more talk about nuclear submarines to get mortgage rates to fall into the 5s and fire up a late-summer rally! When it comes to financial markets and the traders that trade the bonds that move mortgage rates, it was important because it meant the labor...
The mortgage rates usually drop before the Fed does their cut - then mortgage rates rise. Buy the rumor and sell the news! If we could just get down to 6.5% it would be a relief. https://www.mortgagenewsdaily.com/markets/mortgage-rates-06232025
Trump is urging Powell to lower rates, and the Fed chief is going to cave. Powell will lower the rates. I guarantee it. He's going to lower his Fed rate by 1/4%, and say, "There you go!" This is 2025, and we're in Flat City. There is no help coming. Homes for sale are...
So much for lower rates! https://www.mortgagenewsdaily.com/markets/mortgage-rates-04072025 We're not in a buyer's market is because sellers have to agree to it AND move down on price - if they don't, then the market is just loitering. Sellers have the right to hold...
Mortgage rates rose today by about as much as the Fed lowered - just like last time! If anyone needed any further convincing that a Fed rate cut is no guarantee of lower mortgage rates, today is a great piece of evidence. Perhaps "great" is the wrong word. There was...
Nice improvement in mortgage rates recently. You can get into the low-6s again by paying a point or two! In the last 90 days, there have been 433 sales between La Jolla and Carlsbad, and the median days-on-market was 26 days. More than half sold in less than a month,...
Mortgage rates are going to be sticky. A good solution for buyers is to do a 2/1 buydown on their rate today. They get the benefit of lower-than-market rates for the next year or two while waiting to refinance once rates drop - and if they don't drop, at least you get...
By the smallest of margins, mortgage rates are back up to levels last seen in July. That means we've gone from being fairly close to 6% in mid-September to being nearly as close to 7% today when it comes to top tier 30yr fixed scenarios for the average lender. Today's...
