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Today’s Mortgage Rates – May 14, 2025: Rates Jump by 8 Basis Points After Inflation Data

Marco Santarelli

Today's Mortgage Rates – May 14, 2025: Rates Jump by 8 Basis Points After Inflation Data Key Takeaways Current Average Rates : 30-Year Fixed Mortgage : 6.84% ( 8 basis points) 15-Year Fixed Mortgage : 6.06% ( 1 basis point) Texas VA Loan : 5.78% (15-Year Fixed) Refinance Rates : Generally higher than new mortgage rates.

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Today’s Mortgage Rates – June 17, 2025: Stable Rates Ease Pressure on Homebuyers

Marco Santarelli

Government Loans Government-backed loans are fantastic options, especially for first-time homebuyers or those with lower credit scores: FHA Loans : The 30-year fixed rate for FHA loans is currently 7.42% , a rise of 0.59% from last week.

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Your Guide to Starter Homes in Today’s Housing Market: Do They Still Exist?

Redfin

But with renovation costs on the rise, demand for move-in-ready homes is starting to outpace that of fixer-uppers. 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.

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Today’s Mortgage Refinance Rates Surge Above 7% – June 20, 2025

Marco Santarelli

Are you looking to lower your monthly payment, shorten your loan term, switch from an adjustable-rate to a fixed-rate mortgage, or tap into your home equity for other financial needs? Home Improvements: Use the extra cash to fund renovations that increase your home's value. All these are advantages.

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21 Essential Tips for First-Time Homebuyers

Redfin

These require a higher credit score and must fall within conforming loan limits. FHA Loan: Designed for buyers with lower credit scores. down, but includes mortgage insurance for the life of the loan. VA Loan: Available to eligible veterans, active-duty service members, and family members.

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Today’s Mortgage Rates – June 17, 2025: Rates Hold Steady as Fed’s Decision Looms

Marco Santarelli

Government Loans Government-backed loans are fantastic options, especially for first-time homebuyers or those with lower credit scores: FHA Loans : The 30-year fixed rate for FHA loans is currently 7.42% , a rise of 0.59% from last week.

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Today’s Mortgage Rates for January 15, 2025: Trends & Insights

Marco Santarelli

Understanding Mortgage Types Selecting the right mortgage type can significantly impact your financial future. Adjustable-Rate Mortgages (ARMs) Pros: Typically feature lower initial interest rates than fixed-rate mortgages.