According to Zillow, mortgage rates remain in a tight orbit. The average 30-year fixed mortgage rate is 6.13%and the 15-year fixed rate is 5.53%. Those figures will probably sound very familiar to rate hunters these days. With rates this low, compare three or four mortgage lenders to get your best deal. Here are the current…
Mortgage rates vary across the country, but some borrowers are getting the lowest rates in a long time. According to Zillow data, the current average 30-year fixed mortgage rate is 6.00%. The 15-year fixed rate is 5.50%. Last Wednesday, Freddie Mac reported a 30-year rate of 6.23%. That tells you how important it is to…
When you buy a home, a larger down payment can give you better terms on your mortgage. A 20% down payment is considered the gold standard, but it is out of reach for many homebuyers, and a 20% down payment is not required. Many lenders accept a down payment of 5% or less. Let’s see…
The brand that brought stock trading to the masses now offers deeply discounted home loans. After beta testing this summer, the new home loan offering is now rolling out to Robinhood Gold subscribers. Robinhood is not quietly entering the mortgage market. By partnering with Sage Home Loans, Robinhood users can access Sage mortgage rates “at…
The mortgage lenders with the best rates this week include PenFed Credit Union, Chase Home Lending and US Bank, according to a survey by Yahoo Finance. Lenders were ranked based on annual percentage rate (APR), which includes lender fees. With the second federal funds rate cut of 2025 announced last week by the Federal Reserve,…
When Washington shuts down, it doesn’t just freeze politics. A closure also affects the real estate market. Home buyers are facing stalled loan approvals, sellers are juggling delayed closing dates and furloughed federal employees are wondering how to make next month’s mortgage payment. The ripple effects can be felt everywhere, from rural towns awaiting USDA…
