Housing Wire

JUNE 23, 2021

If the fed were to tighten policy, Fannie Mae’s ESR Group expects this to drag on upcoming housing market growth and even stifle home sales, house prices, construction and mortgage originations. from 0.25 (including the origination fee) for 80% LTV loans. from 0.25 (including the origination fee) for 80% LTV loans.

Fixed-rate mortgage 414

Fixed-rate mortgage Mortgages Loans Construction 414

Housing Wire

JUNE 26, 2023

“The number of refinances decreased amid rising mortgage rates from 111,251 in the fourth quarter of 2022 to 78,445 in the first quarter of 2023.” The serious delinquency rate also decreased to 0.6% The number of foreclosure starts increased 6% during Q1 to 19,809, while third-party and foreclosure sales rose 12% to 3,700.

VA loan 370

VA loan FHA loan Fixed-rate mortgage Principal 370

Housing Wire

DECEMBER 12, 2023

To overcome these headwinds, builders quickly turned to lowering mortgage rates through permanent rate buydowns — a tool last widely used in the early 1980s when the rates exceeded 12%. This phenomenon becomes clearly apparent when compared to existing home sales, for which these buydowns are very rare.

Debt-to-income ratio 421

Debt-to-income ratio Loans FHA loan Fixed-rate mortgage 421

Eye on Housing

JULY 27, 2022

NAHB analysis of the most recent Quarterly Sales by Price and Financing published by the U.S. Census Bureau reveals that the four-quarter moving average (MA) share of new home sales financed through FHA was 11.0% Conventional loans financed 74.8% of new home sales in the second quarter of 2022—a 1.8

FHA loan 124

FHA loan Loans Sales Finance 124

Marco Santarelli

MARCH 2, 2025

Generally, the 30-year fixed-rate mortgage is the most popular choice among homebuyers. This type allows homeowners to spread out their payments over three decades, resulting in lower monthly payments compared to shorter term loans. down payment.

Mortgages 105

Mortgages Fixed-rate mortgage Loans Principal 105

Marco Santarelli

JUNE 6, 2025

Economic Impact on Rates : Market conditions and economic indicators continue to directly affect mortgage rates. Fixed-Rate Mortgages Understanding current rates is crucial for making informed financial decisions, whether you are purchasing a new home or refinancing an existing mortgage.

Mortgages 52

Mortgages Fixed-rate mortgage VA loan Loans 52

Realty Biz

FEBRUARY 21, 2021

Miami-Dade County total home sales posted a double-digit increase for the fifth consecutive month in January 2021 as pent-up demand and record-low mortgage rates continue fueling transactions, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. year-over-year, from 887 to 968.

Sales 90

Sales Short sale FHA loan Fixed-rate mortgage 90

Norada Real Estate

JUNE 22, 2022

They usually buy them at REO auctions, renovate them and rent them out to the tenants, before putting the property on the market for sale. If your down payment is lower than 20%, your loan-to-value ratio for conventional financing will be higher than 80%, and your lender may require you to pay private mortgage insurance.

Finance 96

Finance FHA loan Loans Investor 96

Marco Santarelli

DECEMBER 21, 2024

Supply and Demand in the Housing Market The housing market's supply and demand dynamics further influence mortgage rates. An increase in buyer demand, coupled with a limited supply of homes available for sale, can lead to higher competition among buyers. Current Rates : 7/1 ARM at 6.69% Pros : Lower initial payments.

Mortgages 52

Mortgages VA loan Loans FHA loan 52

Marco Santarelli

MARCH 27, 2025

Refinance Rates: Generally similar to purchase rates, with the 30-year fixed refinance at 6.61% and the 15-year fixed refinance at 6.00%. VA Loans: Continue to offer potentially lower rates for eligible military-affiliated borrowers. The 30-year VA loan rate is at 6.14%.

Mortgages 52

Mortgages Principal Fixed-rate mortgage VA loan 52

Marco Santarelli

MAY 6, 2025

States With the Lowest Mortgage Rates Today May, 06 2025 National Mortgage Rate Snapshot Before we zoom in on the states with the lowest rates, let's get a national overview. As of today, May 6, 2025, the national average for a 30-year fixed-rate mortgage is 7.00%.

Mortgages 52

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

Norada Real Estate

JUNE 7, 2025

Notably, FHA loans have seen a more significant jump in their 30-year fixed rate. This could disproportionately affect first-time homebuyers or those with lower credit scores who often rely on these types of loans. National Association of REALTORS®: Their forecast suggests that mortgage rates will average 6.4%

Mortgages 52

Mortgages Loans Pre-approval FHA loan 52

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. by the end of the year.

Loans 52

Loans Mortgages VA loan Pre-approval 52

Realty Biz

MARCH 30, 2023

Understand the Types of Mortgages, Interest Rates, and Fees Before you can get started, it's important to understand the different types of mortgages available and the associated interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Marco Santarelli

MARCH 31, 2025

This rate environment makes careful shopping and understanding your loan options even more critical. Let's quickly touch on the different types of loans listed. Fixed-rate mortgages (like the 15-year, 20-year, and 30-year options) keep the same interest rate for the entire loan term.

Mortgages 64

Mortgages Principal Loans VA loan 64

HomeLight

JANUARY 31, 2022

It can also affect whether or not you’ll need mortgage insurance. You’ll want to subtract this amount from the total sales price because the down payment is your contribution to purchasing the house, so the lender won’t need to give you a loan to cover the full sales price because you’re covering some of it.

Loans 98

Loans Mortgages FHA loan Principal 98

Realty Biz

DECEMBER 31, 2020

One of the major benefits of owning a home is that, if you have a fixed-rate mortgage, your payments won’t increase. What’s more, when you have paid off the interest early on in your loan, your monthly payments go toward the value of your home. However, only specific people can apply for these loans.

Loans 93

Loans Finance FHA loan Fixed-rate mortgage 93

Redfin

SEPTEMBER 4, 2024

There are several reasons you might want to do so like to lower your interest rate, change your loan term, your credit’s improved, debt consolidation, converting an ARM to a fixed-rate mortgage, converting an FHA loan to a conventional loan, or freeing up cash via decreasing your home’s equity.

Mortgages 69

Mortgages Debt-to-income ratio Closing costs Principal 69

Redfin

APRIL 11, 2025

But the national average and the cost of houses for sale in your area can look drastically different. When you pay your mortgage each month, the payments go toward a tangible asset rather than a landlord. Homeowners might also get some tax breaks for mortgage interest and property taxes, which can save you some money.

Marketing 35

Marketing Land Equity Loans 35

Marco Santarelli

APRIL 24, 2024

Housing prices might surge further while you wait patiently, potentially negating any benefits from a lower interest rate. According to a recent report by the National Association of Realtors (NAR) , existing-home median sales prices have risen year-over-year for 129 consecutive months.

Pre-approval 52

Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

Real Estate Finance HQ

AUGUST 25, 2017

This guide outlines the types of, as well as the necessary qualifications for, FHA loans. What is a FHA Loan? The FHA, a unit of the Department of Housing and Urban Development, was created in 1934 specifically to help low- and moderate-income families obtain financing for home ownership. Mortgage Insurance.

FHA loan 40

FHA loan Debt-to-income ratio Inspection Loans 40

HomeLight

AUGUST 31, 2021

You’ll want to be sure you’ve kept the home long enough to recoup your transaction costs — real estate agent fees, closing costs, and any repairs or maintenance done to the home to prepare for sale. What’s considered a good rate of return on your home purchase? FHA loans: as low as 3.5%.

Closing costs 97

Closing costs Loans Equity Banks 97

HomeLight

NOVEMBER 29, 2021

William Hagan , a New Jersey agent who typically sells homes more than 40% faster than the average agent in his area, warns that even a 20% down payment may not be enough to win a bidding war in the 2021 sales market. “In You’ll find up-to-date information on new listings, days on market, median sales prices, housing inventory, and more.

Land 110

Land Closing costs Purchase and sale agreement Loans 110

HomeLight

JANUARY 27, 2021

Other features : Interest rates are low with USDA loans, but they do come with a 1% upfront fee, and a small monthly fee on top of that. FHA loans : These loans are offered by the Federal Housing Administration, and they’re typically for buyers with lower credit who can’t qualify for a conventional loan.

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

Housing Wire

OCTOBER 21, 2020

Fratantoni brought up this point, saying that short-term rates will stay at 0% at least until 2022 and said that we will see a very cautious Fed when it comes to raising rates from here. However, he forecasted that rates will steadily rise over the next year. Housing inventory and prices.

Mortgages 410

Mortgages FHA loan Fixed-rate mortgage Loans 410

HomeLight

NOVEMBER 6, 2023

Here are some common types of mortgage loans and their assumability: 1. FHA loans Federal Housing Administration ( FHA ) loans are often assumable. This means that a qualified buyer can take over the existing FHA loan, subject to lender approval.

FHA loan 111

FHA loan VA loan Mortgages Marketing 111

Housing Wire

JANUARY 29, 2025

Purchase activity decreased slightly, but applications for FHA purchase loans were a bright spot, increasing by 2%. New and existing home sales ended 2024 on a strong note, and if mortgage rates continue to stabilize and for-sale inventory loosens, we expect a gradual pick up in purchase activity in the coming months.

Fixed-rate mortgage 270

Fixed-rate mortgage Mortgages Loans Sales 270

Marco Santarelli

APRIL 8, 2025

Today's mortgage rates, as of April 8, 2025 , show an average of approximately 6.50% for a 30-year fixed-rate mortgage. This figure reflects a slight decrease in rates following recent political news but remains susceptible to fluctuations due to inflationary pressures.

Mortgages 59

Mortgages Fixed-rate mortgage VA loan FHA loan 59