by Jacob Lilley | Jul 23, 2021 | Blog, Mortgage Rates
This week’s mortgage rates are hard to compare to last week’s. There are two simple reasons for this. The first is the recent removal of the adverse market fee that artificially increased rates for refinance transactions starting late last summer... by Jacob Lilley | Jul 19, 2021 | Refinancing
Should I Refinance My Mortgage Now? https://www.rocketmortgage.com/learn/should-i-refinance 2020 was extremely volatile. With the Pandemic and ever-changing circumstances, there were a lot of things to consider for your finances and home. Now that we’re halfway... by Jacob Lilley | Jul 16, 2021 | Blog, Mortgage Rates
It was big, bad news when it came out last summer. Almost a year later, the 50 basis point “adverse market fee,” which affected a majority of refinance mortgages has been eliminated! Backstory For those interested in a refresher, here is the original... by Jacob Lilley | Jul 9, 2021 | Blog, Mortgage Rates
This week brought pleasant surprises for the mortgage market as rates returned to levels not seen since February. Back in February, we were passing through the present rate range on the way UP, and there were few–if any–reasons to think we’d return... by Jacob Lilley | Jul 2, 2021 | Blog, Mortgage Rates
A heat wave on the west coast got national attention this week. Despite temps close to 120°, Tuesday’s home price data was even hotter with both of the big reports telling the same story. FHFA prices (nationwide) are increasing at a record pace. Case Shiller...