Marco Santarelli

JUNE 2, 2025

Current Mortgage Rate Overview For individuals looking to purchase a home, understanding the different types of mortgage interest rates available is essential. The most common types are fixed-rate mortgages and adjustable-rate mortgages (ARMs). The health of the U.S.

Mortgages 59

Mortgages Fixed-rate mortgage Loans Principal 59

Marco Santarelli

APRIL 5, 2025

When there's uncertainty in the global economy, like what can happen with trade disputes and the imposition of tariffs, investors often look for safer places to put their money. Mortgage rates, particularly for 30-year fixed-rate mortgages, often follow the trend of these Treasury yields.

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Mortgages Principal Construction Fixed-rate mortgage 95

Norada Real Estate

JUNE 8, 2025

However, potential refinancers must weigh the benefits of lower rates against closing costs and any potential changes in loan terms. Understanding Mortgage Rates To determine the best mortgage for your situation, it’s essential to differentiate between fixed-rate and adjustable-rate mortgages (ARMs).

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Debt-to-income ratio Fixed-rate mortgage Mortgages Loans 52

Marco Santarelli

JUNE 9, 2025

Understanding Mortgage Types When you explore your mortgage options, understanding different types of loans is critical. Each mortgage type has its own advantages and disadvantages, depending on your financial situation and how long you plan on staying in a home. Fixed-Rate Mortgages : These loans are straightforward.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Investor 52

Marco Santarelli

MARCH 23, 2025

Choosing the Right Type: Evaluating whether a fixed-rate mortgage or an adjustable-rate mortgage (ARM) works better for you is crucial. Fixed-rate mortgages typically have higher initial interest rates but remain stable over time. It's wise to shop around and compare multiple lenders.

Mortgages 52

Mortgages Fixed-rate mortgage Pre-approval Pre-qualification 52

Marco Santarelli

MAY 22, 2025

When he talks about mortgages, people pay attention, especially because he often advocates for more conservative approaches like the 15-year fixed-rate mortgage. Ramsey's Forecast: Lower Mortgage Rates Ahead In a recent interview with TheStreet , Ramsey shared his prediction that mortgage rates will “probably fall.”

Mortgages 52

Mortgages Fixed-rate mortgage Bankruptcy Loans 52

Marco Santarelli

MARCH 3, 2025

Economic Growth: A strong economy usually leads to higher interest rates, while a weaker economy can push them down. Investor Confidence: When investors are confident in the economy, they tend to invest in stocks and other higher-yielding assets. This can lead to higher mortgage rates. 30 years, 15 years).

Mortgages 102

Mortgages Fixed-rate mortgage Debt-to-income ratio Pre-approval 102

Marco Santarelli

MARCH 8, 2025

If you've got your sights set on a $500,000 home, you're likely asking the big question: How much would a $500,000 mortgage cost per month in March 2025? Well, based on the latest data from early March 2025, you could be looking at a principal and interest payment of around $3,200 to $3,300 for a 30-year fixed-rate mortgage.

Mortgages 59

Mortgages Fixed-rate mortgage Principal Loans 59

Marco Santarelli

JUNE 11, 2025

Cons: Closing Costs : Borrowers need to be aware that refinancing comes with closing costs that may negate some savings from lower rates. Various financial institutions offer different forecasts, but there appears to be a general consensus that: Mid-2025 Targets : Predicted rates could fall between 5.5%

Mortgages 59

Mortgages Loans Fixed-rate mortgage Closing costs 59

Marco Santarelli

FEBRUARY 24, 2025

Factors like unexpected economic news or shifts in investor sentiment can all influence mortgage rates. Important Considerations: It's really important to recognize that predictions are just that predictions. Market conditions can change quickly.

Mortgages 52

Mortgages Fixed-rate mortgage Closing costs Equity 52

Marco Santarelli

JUNE 12, 2025

National Average Mortgage Rates Loan Type Current Rate Change from Last Week APR APR Change 30-Year Fixed 6.91% -0.08% 7.34% -0.11% 15-Year Fixed 5.97% -0.03% 6.25% -0.11% 5-Year ARM 7.30% No change 7.83% -0.17% Key Observations: The national average for 30-year fixed-rate mortgages fell slightly from 6.99% last week to 6.91%.

Mortgages 52

Mortgages Loans Fixed-rate mortgage Closing costs 52

Marco Santarelli

MAY 4, 2025

Understanding the Increase in Rates The upswing in mortgage rates is closely tied to economic indicators, particularly the latest jobs report, which exceeded expectations. When the job market shows strength, as it did recently, it often signals to investors that the Federal Reserve may hold off on cutting interest rates.

Mortgages 59

Mortgages Fixed-rate mortgage Closing costs Loans 59

Marco Santarelli

APRIL 30, 2025

Refinance Rates Fall: The current average refinance rate for 30-year fixed mortgages stands at 6.68%. Market Fluctuation: Rates are expected to remain volatile as economic data comes in. For example, a 5/1 ARM maintains a fixed rate for five years before adjusting annually based on prevailing market conditions.

VA loan 59

VA loan Mortgages FHA loan Loans 59

Realtor.com

DECEMBER 14, 2022

That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. And there are plenty out there: adjustable-rate mortgages, interest-only mortgages, 2-1 buydowns.

Fixed-rate mortgage 102

Fixed-rate mortgage Mortgages Loans VA loan 102

Realtor.com

DECEMBER 14, 2022

That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. And there are plenty out there: adjustable-rate mortgages, interest-only mortgages, 2-1 buydowns.

Fixed-rate mortgage 99

Fixed-rate mortgage Mortgages Loans VA loan 99

Marco Santarelli

MARCH 6, 2025

Decoding Mortgage Jargon: What Does It All Mean? Let's be real, the mortgage world is full of confusing terms. Let me break down some of the most important ones: Fixed-Rate Mortgage: The interest rate stays the same for the entire loan term. Rate locks typically last for 30 to 60 days.

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Mortgages Debt-to-income ratio Loans Principal 64

The Close

DECEMBER 5, 2024

Purchase Price of a Fix & Flip Property Typically, the most significant expense for a house-flipping investor is the cost of buying the property, also known as property acquisition. This is why investors must know the best ways to find houses to flip that are undervalued, like foreclosures or distressed homes.

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House Flipping Renovation Closing costs Hard money loan 98

Marco Santarelli

MAY 22, 2025

This difference often arises from closing costs associated with refinancing, which can vary significantly among lenders. Homeowners must weigh these considerations when deciding whether to refinance their mortgage, keeping in mind how current interest rates impact the overall financial landscape.

Mortgages 52

Mortgages Debt-to-income ratio Principal Loans 52

Norada Real Estate

MAY 22, 2025

This difference often arises from closing costs associated with refinancing, which can vary significantly among lenders. Homeowners must weigh these considerations when deciding whether to refinance their mortgage, keeping in mind how current interest rates impact the overall financial landscape.

Mortgages 52

Mortgages Debt-to-income ratio Principal Loans 52

Norada Real Estate

JUNE 22, 2022

” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. In the case of a Non-Recourse Loan, the investor puts an asset forward. A turnkey rental property is a source of passive income for investors. What is a Turnkey Rental Property?

Finance 96

Finance FHA loan Loans Investor 96

Toronto Realty Blog

MAY 31, 2023

On a 5-year, fixed rate mortgage of 4.79% (the prevailing rate today), with a 30-year amortization, the monthly mortgage payment is $2,689.49. On a 5-year, fixed rate mortgage of 3.49% (the prevailing rate in 2019), with a 30-year amortization, the monthly mortgage payment is $1,967.18.

Fixed-rate mortgage 19

Fixed-rate mortgage Principal Investor Mortgages 19

Marco Santarelli

JUNE 11, 2025

As of early June 2025, the 30-year fixed-rate mortgage (FRM) is hovering around 6.85%. Focus on affordability: Instead of solely focusing on the interest rate, concentrate on what monthly payment fits comfortably within your budget. Being pre-approved for a mortgage can give you an edge.

Mortgages 52

Mortgages Pre-approval Fixed-rate mortgage As-is 52

Marco Santarelli

MARCH 29, 2025

When there's a lot of economic uncertainty, it can make investors nervous, and that can also influence mortgage rates. Look into Adjustable-Rate Mortgages (ARMs): These loans usually have a lower interest rate at the beginning compared to fixed-rate mortgages.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Closing costs 52

Norada Real Estate

JUNE 7, 2025

An adjustable-rate mortgage (ARM) might offer a lower initial rate, but be sure you understand the potential for the rate to increase in the future. For most people seeking stability, a fixed-rate mortgage is still the preferred choice. HOT NEW LISTINGS JUST ADDED!

Mortgages 52

Mortgages Loans Pre-approval FHA loan 52

Marco Santarelli

MAY 6, 2025

With rates inching upward, the affordability of homes can become strained, especially for first-time buyers or those with tight budgets. Understanding Mortgages When evaluating mortgage options, its vital to understand the distinctions between fixed-rate and adjustable-rate mortgages (ARMs).

Mortgages 52

Mortgages Fixed-rate mortgage Loans Principal 52

HomeLight

JUNE 22, 2023

If you’re going to buy a home, you’ll need enough savings for a down payment, closing costs, and financial experts advise that you should also have enough money left over in your savings accounts to cover at least three months of expenses in case of an emergency. Q: Should I get a fixed-rate or adjustable-rate mortgage?

Debt-to-income ratio 98

Debt-to-income ratio Mortgages FHA loan Loans 98

Marco Santarelli

MARCH 31, 2025

This rate environment makes careful shopping and understanding your loan options even more critical. Fixed-rate mortgages (like the 15-year, 20-year, and 30-year options) keep the same interest rate for the entire loan term. This isn't always the case; sometimes refi rates are noticeably higher.

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Mortgages Principal Loans VA loan 64

Marco Santarelli

JUNE 4, 2025

Several factors influence these rates daily, and even small fluctuations can impact your monthly payments and the overall cost of your loan over time. According to data released by Zillow , as of Wednesday, June 4, 2025, the national average for a 30-year fixed-rate mortgage has edged up.

Loans 52

Loans Mortgages VA loan Pre-approval 52

Redfin

APRIL 11, 2025

High demand from both first-time buyers and investors, combined with a limited number of entry-level properties, has created a tough environment for those trying to buy their first place. When you pay your mortgage each month, the payments go toward a tangible asset rather than a landlord. Is it still possible to buy a starter home?

Marketing 35

Marketing Land Equity Loans 35

Marco Santarelli

FEBRUARY 15, 2025

Why This Matters for Mortgage Rates Mortgage rates don't exist in a vacuum. They're closely tied to the yields on 10-year Treasury notes. When inflation rises unexpectedly, investors demand higher yields on these bonds to compensate for the erosion of their investment's purchasing power.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Finance 52

Marco Santarelli

JANUARY 22, 2025

According to Zillow's latest data, average mortgage rates stand as follows: Mortgage Type Average Rate Today 30-Year Fixed 6.66% 20-Year Fixed 6.61% 15-Year Fixed 5.97% 7/1 ARM 6.72% 5/1 ARM 6.66% 30-Year FHA 6.29% 30-Year VA 6.01% This data illustrates the slight variations in rates depending on loan types.

Fixed-rate mortgage 52

Fixed-rate mortgage Mortgages Closing costs Loans 52

Marco Santarelli

MAY 2, 2024

Let's explore what experts predict for mortgage rates for this month (May 2024) and the key factors that could shake things up. Where We Stand: As of today, May 2nd, 2024, the average 30-year fixed-rate mortgage sits at a hefty 7.22%. treasuries and potentially lowering mortgage rates.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Investor 52

Marco Santarelli

AUGUST 8, 2024

The recent drop in mortgage rates can be attributed to: Easing inflation : Signs indicate that inflationary pressures are beginning to stabilize. Federal Reserve actions : Investor expectations suggest that the Fed may cut its benchmark interest rate in the coming months, further influencing mortgage rates.

Mortgages 52

Mortgages Fixed-rate mortgage VA loan FHA loan 52

Marco Santarelli

APRIL 19, 2024

Mortgage Rate Trends as of April 2024: Upward Shift 30-year fixed: According to Freddie Mac , the average 30-year fixed-rate mortgage reached 7.10% on April 18th , up from 6.88% the prior week. 15-year fixed: The 15-year fixed rate mirrored a similar rise, moving from 6.16% to 6.39%.

Mortgages 52

Mortgages Fixed-rate mortgage Loans Closing costs 52

Marco Santarelli

APRIL 24, 2024

Should you put your homebuying dreams on hold, hoping for rates to decrease, or lock in a loan now? There's no magic formula, but let's dissect the situation like a savvy real estate investor. While high rates translate to larger monthly payments, waiting for a potential drop comes with its own set of challenges.

Pre-approval 52

Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

Marco Santarelli

SEPTEMBER 10, 2024

Why Are Mortgage Rates Dropping Now? Mortgage rates change based on what investors think the Federal Reserve (the big bank in charge of money) is going to do. Right now, investors believe the Fed is done trying to control inflation (that's when prices for everything go up).

Mortgages 52

Mortgages Fixed-rate mortgage Equity Investor 52

Redfin

JULY 14, 2023

There are several factors that make Birmingham a favorable place for property investors too, such as its affordable home values, passive income potential, and overall market stability over the last few years. Although your other monthly expenses may vary, your mortgage payments will remain the same, providing you peace of mind and stability.

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Equity Fixed-rate mortgage Closing costs Inspection 58