Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.

According to Freddie Mac’s weekly Primary Mortgage Market Survey, the national, average 30-year fixed rate mortgage fell to 4.39% this week — the lowest 30-year fixed reading since November 18, 2010.

The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.

Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.

Many people believe that interest rates are simply set by lenders, but the reality is that mortgage rates are largely determined by what is known as the Secondary Market. The secondary market is comprised of investors who buy the loans made by banks, brokers, lenders, etc. and then either hold them for their earnings, or [...]

In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.

{EAV_BLOG_VER:776a190d28ed8367} Lower mortgage rates is a common misconception that is perpetuated by the mainstream media when the Fed makes an announcement of lowering rates. However, when the Fed cuts interest rates, mortgage rates can actually increase. Fed 101: According to Wikipedia: The Federal Reserve System (also known as the Federal Reserve, and informally as the [...]

Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult.

Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It’s hard to pin them down. Especially when geopolitics are involved.

The difference between APR and actual note rate is very confusing, especially for First-Time Home Buyers who haven’t been through the entire closing process before. When shopping for a new mortgage loan, you may notice an Annual Percentage Rate (APR) advertised next to the note rate.  The inclusion of an APR is actually mandated by [...]