Marco Santarelli

DECEMBER 22, 2024

As of December 22, 2024, heres how the refinance rates compare to the previous week: Loan Type Rate (%) 1 Week Change (%) APR (%) 30-Year Fixed Refinance 6.71 -0.01 15-Year Fixed Refinance 5.94 -0.10 Despite the slight drop in the 30-year and 15-year fixed rates, these figures indicate a mixed reaction in the market.

Mortgages

Marco Santarelli

APRIL 12, 2025

As of April 12, 2025, mortgage rates have seen a noticeable increase , reflecting the current volatility in the market. The 30-year fixed mortgage rate rose to 6.90% , while the 15-year fixed rate is now 6.21%. Refinance Rates Rise: The 30-year refinance rate is now 6.91%.

Mortgages

Marco Santarelli

DECEMBER 26, 2024

To grasp the concept of mortgage rates, it's important to note that these rates represent a fee for borrowing money, expressed as a percentage. There are mainly two types of mortgage rates: Type Description Fixed-Rate Mortgages A fixed-rate mortgage maintains the same interest rate for the entire loan duration.

Mortgages

Marco Santarelli

MARCH 21, 2025

If you're wondering whether interest rates in the UK will go down gradually , the short answer is: yes, that's the expectation. The Bank of England has signaled a cautious approach to lowering rates, likely starting around May 2025. With the current Bank Rate at 4.5%, the aim is to reach around 4% by early 2028.

Banks

Marco Santarelli

JANUARY 11, 2025

Why Are Mortgage Rates So High and Predictions for 2025 Key Takeaways: Current Status : Mortgage rates have stayed well above 6% in 2024, frustrating homebuyers. Main Influencer : Rates are heavily influenced by 10-year Treasury bond yields, which remain elevated due to inflation fears.

Mortgages

Marco Santarelli

MARCH 4, 2025

However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown. It signifies a potentially more favorable environment for entering the housing market or adjusting your current mortgage terms. mortgage rates.

Mortgages

Marco Santarelli

MARCH 27, 2025

These super-low rates weren't some lucky accident. Think of the Fed as the central bank of the United States, tasked with keeping our economy humming. One of the most powerful tools they used was lowering the federal funds rate to basically zero. Don't wait around for 2% or 3% rates to magically reappear.

Mortgages

Marco Santarelli

APRIL 23, 2025

This article will break down the factors influencing mortgage rates, what experts are saying, and some strategies you can use to navigate today's market. When Will the Soaring Mortgage Rates Finally Go Down in 2025? Understanding the Mortgage Rate Puzzle Mortgage rates aren't pulled out of thin air.

Mortgages

Marco Santarelli

MAY 21, 2025

Deep Dive: States With the Lowest Rates Let's take a closer look at the states currently enjoying the lowest mortgage rates: New York: Known for its diverse economy and vibrant real estate market, New York consistently offers competitive mortgage rates. Competition among lenders keeps rates relatively low.

Mortgages

Marco Santarelli

MAY 27, 2025

Today's Mortgage Rates – May 27, 2025: Rates Are Largely Stable, Lingering Below 7% Key Takeaways Current Rates : The 30-year fixed mortgage rate is 6.90% , and the 15-year fixed rate is 6.11%. for 30-year fixed mortgages by 2026, down from the current levels.

Mortgages

Marco Santarelli

JULY 8, 2025

As of July 3, 2025, the average 30-year fixed-rate mortgage dipped to 6.67%. Take a look at the numbers: 30-Year Fixed-Rate Mortgage: Current Rate: 6.67% Weekly Change: -0.1% Take a look at the numbers: 30-Year Fixed-Rate Mortgage: Current Rate: 6.67% Weekly Change: -0.1%

Mortgages

Marco Santarelli

MAY 6, 2025

Adjustable Rate Mortgage (ARM) Rates Today May 06, 2025 What's Happening with Mortgage Rates Right Now? Before diving into the specifics of ARMs, lets take a quick look at the overall mortgage interest rate trends. The market is always changing, and what's true today might not be true tomorrow.

Mortgages

Norada Real Estate

JULY 3, 2025

As of July 3, 2025, mortgage rates have slightly decreased, with the national average for a 30-year fixed mortgage rate at 6.78% , down from 6.79% the previous week. This subtle shift signals a stable trend in the mortgage market, reflecting broader economic conditions.

Loans

Toronto Realty Blog

MAY 22, 2025

On Tuesday, I wrote about what’s ahead for the last six weeks of the spring real estate market. This is the highest we’ve seen since September of 2021, which of course was a time in our country where we were still recovering from the COVID-19 pandemic decimating the economy and the job market. in April, up from 6.7%

Fixed-rate mortgage

Marco Santarelli

APRIL 10, 2025

Barclays has cut rates on some of their mortgages below 4% in April 2025! This move comes amidst the ongoing financial uncertainty surrounding US trade tariffs and could signal a potential shift in the mortgage market. I think that it is a very welcome move for the mortgage market. percentage points.

Mortgages

Marco Santarelli

JULY 8, 2025

Several factors conspire to create this disparity: Different Lenders, Different Strategies: Not every mortgage lender operates in every state. For example, a smaller, regional bank might be more aggressive with its rates to gain market share in its local area compared to a national giant. What's Next?

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

You need to understand the ins and outs of the local property market. But studying the market is not enough. The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. How To Buy A House In New York Buying a house in New York starts with thorough research.

Purchase and sale agreement

Norada Real Estate

JUNE 20, 2025

As of June 20, 2025, today's mortgage rates have seen adjustments, with the average 30-year fixed mortgage rate rising to 7.00% , up by 5 basis points from the previous day. This increase reflects a broader trend impacting both mortgage and refinance rates this week. Are Mortgage Rates Decreasing?

Mortgages

Marco Santarelli

FEBRUARY 26, 2025

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. Looking Ahead: Whats Next for Mortgage Rates?

Mortgages

Redfin

JULY 30, 2025

On top of that, it’s also smart to check your local housing market trends and mortgage interest rates. What’s the difference between a fixed-rate mortgage and adjustable-rate mortgage? Your mortgage rate will not change, regardless of market rates rising or falling.

Pre-approval

Marco Santarelli

JUNE 28, 2025

An ARM is a type of mortgage where the interest rate is fixed for an initial period, and then it adjusts periodically based on market conditions. The “5-year ARM” means the rate is fixed for the first five years and can then change annually. This means lower monthly payments in the initial years.

Fixed-rate mortgage

Marco Santarelli

MARCH 17, 2025

Are you keeping an eye on mortgage rates today, March 17, 2025? If you're in the market to buy a home or thinking about refinancing, you're probably wondering what's happening with interest rates. 15-year fixed mortgage rates are hovering near 5.93%.

Mortgages

Marco Santarelli

JUNE 12, 2025

Mortgage rates are a vital indicator of the health of the housing market and have a profound impact on consumer purchasing power, refinancing decisions, and overall economic confidence. The 15-year fixed mortgage rate slipped below 6% for the first time in weeks.

Mortgages

Marco Santarelli

AUGUST 2, 2025

According to Zillow, the national average 5-year Adjustable Rate Mortgage (ARM) rate has decreased to 7.16% , a 14-basis-point drop from the previous rate of 7.30%. While this might seem small, every little bit helps when you're dealing with a mortgage. Why the Focus on ARMs? What Does This Mean for You?

Mortgages

Marco Santarelli

MAY 22, 2025

That's why when someone like Dave Ramsey, a guy who's built a career on giving straightforward financial advice, talks about the housing market, people tend to listen. And recently, he's made a pretty significant prediction: major mortgage rate changes are likely on the horizon soon.

Mortgages

Marco Santarelli

JUNE 8, 2025

Should I Refinance My Mortgage Now or Wait Until 2026? Navigating the world of mortgages and interest rates felt like trying to decipher a secret code. Now, having followed the market for years, I’ve learned that timing your refinance can be just as crucial as getting a good initial loan. There are so many moving parts!

Mortgages

Marco Santarelli

MARCH 18, 2025

The Fed Factor: How the Federal Reserve Impacts Mortgage Rates Tomorrow's Federal Reserve meeting is on everyone's radar because the Fed's decisions can significantly influence mortgage rates. The Federal Reserve (also known as the Fed) is the central bank of the United States.

Mortgages

Marco Santarelli

JULY 31, 2025

Mortgage Rates Predictions for the Next 3 Months: August to October 2025 Current Mortgage Rate Scenario As of late July 2025, we're looking at: 30-year fixed-rate mortgage (FRM): 6.74% 15-year FRM: 5.87% This tells me the market has settled down a bit after the craziness we've seen in recent years.

Mortgages

Marco Santarelli

APRIL 27, 2025

For many, especially given the current market conditions centered around high borrowing costs, yes , buying a home with cash in 2025 presents a remarkably strong position, offering distinct advantages that financed buyers just can't touch, though like any big financial move, it requires careful consideration of your own situation.

Finance

Redfin

JULY 31, 2025

Don’t select the first lender you find Don’t just go with the first mortgage offer you receive. If you shop around first, you could end up with a lower interest rate and better terms. What to do instead: To start, request quotes from multiple lenders, including banks, credit unions, and mortgage brokers.

VA loan

Marco Santarelli

MARCH 20, 2025

Are you keeping an eye on mortgage rates? As of March 20, 2025, the mortgage market is showing a slight upward tick , with rates inching up for the second consecutive week. Despite this recent bump, it's important to remember that rates are still more favorable compared to where they stood this time last year.

Mortgages

Marco Santarelli

AUGUST 1, 2025

6.96% National Mortgage Rate Trends: A Broader View While knowing the state-specific rates is helpful, it's equally important to understand the overall mortgage rate climate. As of today, the national average for a 30-year fixed-rate mortgage is 6.86%.

Mortgages

Marco Santarelli

JUNE 17, 2025

As of June 17, 2025, mortgage rates have remained stable, with the current average 30-year fixed mortgage rate at 6.93%. This rate shows no change from the previous week, indicating a period of stability in the housing finance market.

Mortgages

Marco Santarelli

MARCH 27, 2025

Today's Mortgage Refinance Rates: For homeowners considering a refinance, understanding the prevailing rates is equally important. Understanding How Mortgage Rates Function At its core, a mortgage interest rate is the cost you pay for the privilege of borrowing money from a lender. housing market.

Mortgages

Marco Santarelli

MAY 5, 2025

It acts as the central bank of the United States, and one of its primary tools is setting the federal funds rate. For instance, the CME Group's FedWatch tool, a respected gauge of market expectations, currently shows only a slim chance of a rate cut at this week's meeting. However, this can be a risky game.

Mortgages

Marco Santarelli

JULY 30, 2025

Mortgage Rates Predictions for the Next 90 Days: August-October 2025 Current Mortgage Rate Scenario As of late July 2025, we're looking at: 30-year fixed-rate mortgage (FRM): 6.74% 15-year FRM: 5.87% This tells me the market has settled down a bit after the craziness we've seen in recent years.

Mortgages

Marco Santarelli

MAY 2, 2025

If you're in the market for a home, you're probably glued to mortgage rates! As of today, May 2, 2025, the states with the lowest mortgage rates for a 30-year new purchase are New York and Washington. These nine states showed average mortgage rates hovering between 6.68% and 6.85%.

Mortgages