The 6.6 percent increase in affordability outpaces this year’s rise in home prices and is one reason why the U.S. housing market is improving. Slowly and steadily, the U.S. economy is improving and “good deals” in housing are becoming harder to find.
For the first time in 9 weeks, mortgage rates have made new lows.
Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
30-year fixed rate mortgage rates made new, all-time lows once again this week.
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
Today’s mortgage rates are a bargain as compared to just 1 year ago.
For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Conforming mortgage rates continue to drop.
After a brief surge north 4 percent last month, mortgage rates have settled back near their lowest levels of all-time.