If you are buying or refinancing, now might be the perfect timing to lock in on your rate. According to the latest Primary Mortgage Market Survey(PMMS) Report from Freddie Mac, average mortgage rates just hit the year’s lowest as 30-year FRM fell by 7 basis points to 3.95 percent this week. Mortgage rates decreased by […]
Did you know not every change you make to your home adds value? Even expensive remodels do not always pull their weight in terms of value. A common remodel many people put a lot of weight in is the basement remodel. They assume a finished basement adds value to a home. In many cases, it […]
Multiple closely watched mortgage rates moved higher today. The average rates on 30-year fixed and 15-year fixed mortgages both increased. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, also climbed higher. Rates for mortgages are in a constant state of flux, but they remain low by […]
After nearly two months of declines, mortgage rates inched higher this week. Freddie Mac’s Primary Mortgage Market Survey (PMMS) showed the average 30-year fixed mortgage rate increasing from an average of 3.78 percent to 3.83 percent. This is the first time rates have increased in seven weeks, disrupting the steady decline that began after rates topped 4 […]