Category: MortgagePage 1 of 9

Bought a home between late 2022 and March 2025? Read this before you refinance.

If you’re eyeing a refi after the recent rate cut, consider a “Christmas Refi” strategy instead of jumping now. Why wait? Many buyers from Q4 ’22 → Mar…

Should we wait for the next rate drops before refinancing?

As someone who works as both a Realtor and a Loan Officer — with a strong background in data analytics — here’s how I see things, especially after…

Bank of America Predicts Two 0.25% Fed Rate Cuts in 2025!

According to Norada Real Estate’s latest update, Bank of America Global Research has revised its outlook and now expects the Federal Reserve to enact two rate cuts of…

Mortgage Rates Hit Lowest Levels Since October

📉 Mortgage Rates Hit Lowest Levels Since October 💳 Meanwhile, Credit Card Debt is at an All-Time High The 30-year fixed mortgage has leveled off — rates are…

Mortgage Rates Continue to Decline

Freddie Mac reports that mortgage rates have dropped to their lowest level since October — great news for buyers and those looking to refinance. 30-Year Fixed: 6.58% 15-Year…

Mortgage Rates Remain Flat—A Window of Opportunity?

May 8, 2025 This week, mortgage rates held steady, with the 30-year fixed rate at 6.76% and the 15-year fixed rate at 5.89%. Compared to this time last…

Mortgage Rates Hold Steady Under 7% for Nine Consecutive Weeks

Mortgage Rates Hold Steady Under 7% for Nine Consecutive Weeks March 20, 2025 The 30-year fixed mortgage rate remains at 6.67%, keeping rates under 7% for nine consecutive…

Mortgage Rates Hold Steady – What This Means for Buyers & Sellers

The latest Freddie Mac report shows that 30-year mortgage rates remained essentially flat this week at 6.63%, with 15-year rates at 5.79%. 📉 Despite ongoing market volatility, mortgage…

Mortgage Rates Continue to Decline—What Buyers Need to Know

Mortgage rates continue their downward trend, with the 30-year fixed rate now at 6.87% and the 15-year fixed at 6.09%. This marks the lowest rate so far in…

Mortgage Rates Hold Steady, But What Could Tariffs Mean for Affordability?

The latest data from Freddie Mac shows that mortgage rates continue to hover between 6% and 7%, with the 30-year fixed-rate holding steady at 6.95% and the 15-year…

Mortgage Rates Surpass 7%—Why Temporary Buydowns Are More Important Than Ever

Mortgage Rates Surpass 7%—Why Temporary Buydowns Are More Important Than Ever With mortgage rates climbing above 7% for the first time since May 2024, affordability is becoming a…

Freddie Mac Weekly Mortgage Rate Survey for January 9th, 2025

Mortgage Rates Continue to Trend Up January 9, 2024  In the first full week of the new year, the 30-year fixed-rate mortgage remained elevated at just under 7…

Freddie Mac Weekly Mortgage Rate Survey for December 26th, 2024

Freddie Mac Weekly Mortgage Rate Survey for December 26th, 2024 Rates increased for the second straight week. Mortgage rates increased for the second straight week, rebounding after a…

2025 Loan Limits Are Here: What Buyers Need to Know

2025 Loan Limits Are Here: What Buyers Need to Know New year, new opportunities! The 2025 FHA and Conventional Loan Limits have been released, and they’re higher than…

Mortgage Rate Predictions for 2025: A Data Analyst’s Perspective

📊 Mortgage Rate Predictions for 2025: A Data Analyst’s Perspective The wide range of mortgage rate predictions for 2025 highlights the uncertainty in the housing market. Here’s a…

Freddie Mac Weekly Mortgage Rate Survey for December 12th, 2024

Mortgage Rates Continue to Drop December 12, 2024 The 30-year fixed-rate mortgage decreased for the third consecutive week. The combination of mortgage rate declines, firm consumer income growth…

Freddie Mac Weekly Mortgage Rate Survey for December 5th, 2024

Mortgage Rates Continue to Decrease December 5, 2024 This week, mortgage rates decreased to their lowest level in over a month. Despite just a modest drop in rates,…

Freddie Mac Weekly Mortgage Rate Survey for November 27th, 2024

The 30-Year Fixed-Rate Mortgage Inches Down November 27, 2024 The 30-year fixed-rate mortgage moved down this week, but not by much. Rates have been relatively flat over the…

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