In the intricate dance of acquiring a mortgage, your credit score takes center stage, dictating the interest rate that can either make your dreams of homeownership a reality or a financial challenge. Understanding the dynamics between your credit score an
Mar 05, 2024 | Interest Rates
In the dynamic world of the American economy, one institution holds the reins, steering the course—the Federal Reserve, affectionately known as the "Fed." As the guardian of monetary policy, it exerts a potent influence on various aspects of our fin
Jan 16, 2024 | Purchasing a Home Interest Rates
We’ve known for decades that home buying and selling follows seasonal patterns, but a recent study* from housing tech startup Haus found that mortgage interest rates also have their own pattern. They also uncovered several other tidbits about how and when
Mar 10, 2021 | Interest Rates
If you are looking to buy a home soon or to refinance your current mortgage, you know that interest rates are very low. In recent weeks, the average rate on a 30-year fixed-rate mortgage is below 3%. In fact, rates have been setting record lows
Jan 20, 2021 | Interest Rates
Back in the U.S. housing boom in the early 2000s, mortgage money flowed freely, with many borrowers being qualified for more loan than they could actually afford. When the housing bubble burst and the entire economy took a hit, those same home buyers ofte
Dec 09, 2020 | Interest Rates Preapproval Mortgage Advice
The U.S. housing market has been in overdrive for the past several months, as buyers play catch up after the coronavirus pandemic shut down most home-shopping in the spring. Existing home sales in June and July both grew by more than 20% while inventory f
Sep 30, 2020 | Interest Rates Purchasing a Home