Mortgage rates would have been volatile this week. The presence of Labor Day just piles on. If you have a chance to lock something favorable and within your budget, consider doing it.
Archive | Mortgage Rates
Inland Empire Mortgage Rates Make New Lows
Inland Empire mortgage rates are (again) at their lowest levels in history.
30-Year Mortgage Rates Make New Lows, But Look Ready To Spike
No doubt you’ve heard that mortgage rates are low. They’re lower than they’ve ever been in history. The news is everywhere. But the low rate environment looks like it’s ending.
Fannie Mae/Freddie Mac Mandatory LLPA Fees Prevent Borrowers From Getting Their Absolute Lowest Rate
Conventional California mortgage rates in the Inland Empire may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.
Inland Empire Rates Dropping but Costs Are Rising, Says Freddie Mac
Mortgage rates may be dropping, but in the Inland Empire mortgage costs are not. According to Freddie Mac, the average required discount points on a conforming mortgage rate are higher by 0.1 percent since early-May.
If You Live in CA Should You Refinance Your Mortgage?
California Mortgage rates are low and they likely won’t stay that way. If you’ve been thinking about a refinance, talk to your loan officer as soon as possible.
Finding a Low Mortgage Rate is Part Research Skill, Part Luck
Shopping for mortgage rates takes more than good research skills. It takes a little bit of luck, too.