Marco Santarelli

JUNE 30, 2025

Let's dive into what this means for you and the broader housing market. Today's Mortgage Rates: 5-Year ARM Surges to 7.62% on June 30, 2025 Navigating the world of mortgage rates can feel like trying to solve a complex puzzle. There are so many numbers, terms, and factors that influence where rates are headed.

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 23, 2025

Is the housing market about to crash or take off? So, is it a housing market slump or boom in disguise ? So, is it a housing market slump or boom in disguise ? However, month-over-month, sales actually ticked up by 0.8% , reaching a seasonally adjusted annual rate of 4.03 Why are rates so important?

Sales

Norada Real Estate

JULY 5, 2025

The overall economic climate: Broader economic conditions influence mortgage rates. Understanding the 5-Year ARM: How It Works An Adjustable Rate Mortgage (ARM) isn't like your standard fixed-rate mortgage. This is where you benefit from the lower rate we see today. Finally, shop around!

Fixed-rate mortgage

Marco Santarelli

JULY 1, 2025

Feeling confused about the mortgage market? As of July 1, 2025, the 5-year adjustable-rate mortgage (ARM) crept up to 7.61% – a tiny 3-basis-point bump from last week’s 7.58%. Let’s unpack what this rate wiggle means for buyers, refiners, and the housing market’s vibe. Totally normal!

Fixed-rate mortgage

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. To be successful, you must also consider your financial position.

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

APRIL 18, 2025

This offers a glimmer of hope for prospective homebuyers navigating the often-turbulent real estate market. One minute you think you've got a handle on things, the next minute the market throws you a curveball. When bond prices fall, mortgage rates tend to rise. When one part sputters, it can affect everything else.

Fixed-rate mortgage

Redfin

APRIL 11, 2025

What used to be a 3-to-7-year stay in a starter home is now stretching much longer as the market remains competitive and interest rates stay high. While starter homes arent as widely available as they once were, they can still be found in certain markets. Is it still possible to buy a starter home? So, what is a starter home?

Marketing

HomeLight

MARCH 26, 2025

If youre finding it difficult to sell your home in the current market, buying down the interest rate for buyers may be a solution. By helping reduce the buyers loan rate at least temporarily you can make your property more attractive without lowering your asking price. This is more commonly offered by homebuilders.)

Pre-approval

Marco Santarelli

APRIL 24, 2025

National Mortgage Rate Trends: A Broader View While it's important to focus on your state, understanding national trends can provide valuable context. Here's a snapshot of what's happening on a national level: 30-Year Fixed: The average rate for a 30-year fixed-rate mortgage fell slightly to 7.03% on Wednesday.

Mortgages

Redfin

JULY 31, 2025

Even if you can afford the payments, adding new debt may reduce your loan approval or lead to higher interest rates. >>Discover: How to Get Pre-Approved for a Mortgage: 7 Steps for Success 7. Don’t select the first lender you find Don’t just go with the first mortgage offer you receive.

VA loan

Marco Santarelli

JULY 4, 2025

The average 30-year fixed-rate mortgage is down to 6.67% , the most substantial drop since early March. 1-Year Change : -0.28% Monthly Average : 6.77% 52-Week Average : 6.68% Weekly Range : 6.08% to 7.04% 15-Year Fixed-Rate Mortgage (FRM): Current Rate : 5.8% This one rate drop isn't a magic bullet.

Fixed-rate mortgage

Marco Santarelli

MARCH 23, 2025

As of today, March 23, 2025, mortgage interest rates have slightly dropped compared to last weeks figures, providing a favorable landscape for potential homebuyers and those looking to refinance. 30-Year Fixed Rate: Currently at 6.51% , a marginal drop to be noted. Disadvantages: Higher Initial Rates: Compared to ARMs.

Mortgages

Marco Santarelli

JUNE 17, 2025

These typically have lower initial interest rates than fixed-rate mortgages, but the rate can change over time. Get Pre-Approved: Getting pre-approved for a mortgage shows sellers that you're a serious buyer and know how much you can borrow. Invest in Real Estate in the Top U.S.

Mortgages

Redfin

JULY 31, 2025

They cover topics like budgeting, building credit, mortgage options, house hunting, and closing. If you’re unsure where to start, check with HUD-approved counseling agencies, non-profit organizations, and local housing authorities to find available courses. ARMs can help you save early on, but carry the risk of rate increases.

Purchase and sale agreement

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

FEBRUARY 16, 2025

Understanding todays mortgage rates can be crucial in shaping financial decisions for homebuyers and homeowners alike. Lets dive deeper into the details of these rates and their implications for your monthly mortgage payments, market trends, and overall housing landscape.

FHA loan

Marco Santarelli

MAY 4, 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 Mortgage Rates Go Down from Current Highs in 2025? Understanding the Mortgage Rate Puzzle Mortgage rates aren't pulled out of thin air.

Mortgages

Norada Real Estate

JUNE 7, 2025

It feels like just yesterday we were talking about rates hovering a bit lower, and now, here we are with that familiar 7% mark looming large. So, what exactly is going on, and more importantly, what does this mean for you and the housing market? The report also points to a key driver behind this upward pressure: the bond market.

Mortgages

Marco Santarelli

JUNE 11, 2025

As of early June 2025, the 30-year fixed-rate mortgage (FRM) is hovering around 6.85%. The yield on the 10-year Treasury bond , in particular, has a strong correlation with long-term mortgage rates. When Treasury yields go up, mortgage rates often follow suit. What Should Homebuyers Do?

Mortgages

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

Marco Santarelli

APRIL 3, 2025

Today's Mortgage Rates April 3, 2025: Rates Go Down After Tariff News Key Takeaways Current Mortgage Rate: Approximately 6.40% for a 30-year fixed-rate mortgage. Refinance Rates: Average rate for 30-year fixed refinance is about 6.48%.

Mortgages

Marco Santarelli

JULY 31, 2025

Here's a bit of historical context to give you a better perspective: The Long-Term Average: Since 1971, the average interest rate for a traditional 30-year fixed mortgage has hovered around 7.74%. Ultimately, interest rates are determined by market forces. You are paying it off with cheaper dollars!

Mortgages

Marco Santarelli

AUGUST 5, 2025

If you're dreaming of snagging a house for a steal, you're probably wondering: when will it be a buyer's market? Several factors, including mortgage rates, inventory levels, and overall economic growth, are at play here. Will It Be a Buyer's Housing Market in 2025 or 2026? What Drives a Buyer's Market?

Marketing

The Mortgage Report

JUNE 12, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Will Mortgage Rates Go Down After the June Fed Meeting? Will it come with another rate cut?

FHA 203k rehab loan

The Mortgage Report

JULY 22, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Will Mortgage Rates Go Down After the July Fed Meeting? Will it come with a rate cut?

FHA 203k rehab loan

The Mortgage Report

JUNE 18, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? Similarly, the uncertain job market is keeping the Fed on the sidelines.” Find your lowest rate.

FHA 203k rehab loan

Marco Santarelli

FEBRUARY 8, 2025

Mike Fratantoni , the Senior Vice President and Chief Economist at the Mortgage Bankers Association (MBA), put it pretty well. He said that the job market remains reasonably strong, noting that job growth over the past three months has averaged a gain of 237,000 , which is likely above what can be sustained for the whole year.

Mortgages

The Mortgage Report

JULY 30, 2025

Buy a Home Home-Buying Loan Types Low Down Payment Mortgages Conventional Loans VA Loans FHA Loans FHA 203k Rehab Loan USDA Loans Investment Property Mortgages Compare Home Buying Loans Home Buying Help Do I Need 20% Down? However, mortgage rate movements varied in the immediate aftermath of the most recent Fed decisions.

FHA 203k rehab loan

Housing Wire

DECEMBER 22, 2020

Here are the top five mortgage-related terms you’ll want in your arsenal: 1. Fixed-rate mortgage. There are two types of mortgages: fixed-rate and adjustable-rate. Fixed-rate mortgages have a set interest rate for the entirety of the loan. Pre-approval.

Fixed-rate mortgage

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Marketing

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. We’ll reach out to those loan officers in markets where we have existing retail branch locations. Companies may be struggling in one way or another.

Loan Officer

Housing Wire

FEBRUARY 14, 2024

“Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

Pre-qualification

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Mortgage rates have nearly doubled to around 6.5% million existing homes on the market in August and would take 3.2 According to the NAR, there were 1.28

Mortgages

Realtor.com

APRIL 30, 2021

Two of the main types of mortgages home buyers consider getting are a fixed-rate mortgage and an adjustable-rate mortgage, or ARM. In a nutshell, a fixed-rate mortgage has an interest rate that stays the same over the life of the loan. Fixed-rate mortgage.

Fixed-rate mortgage

Housing Wire

JUNE 6, 2024

Doug Duncan , the chief economist at Fannie Mae , believes pressures from fiscal and monetary policy have brought volatility to the secondary mortgage market, creating a “higher-for-longer” scenario in the U.S. economy that mortgage companies should be ready to face. If it comes out at 170,000 jobs, the market won’t shift much.

Mortgages