Tag Archives: 30 year fixed rate

Home-Buying Myths About Mortgages

Think you’re not ready to unlock home ownership yet? That the financial hurdles are too high? You may be short-changing yourself. Many of the things renters believe about home-buying are myths. Here’s the real deal. Myth: I Have to Put Down 20%. … Continue reading

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Existing-Home Sales Increase 1.3% in August

WASHINGTON (September 19, 2019) – Existing-home sales inched up in August, marking two consecutive months of growth, according to the National Association of Realtors®. Three of the four major regions reported a rise in sales, while the West recorded a … Continue reading

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NAR: Home Prices Post More Gains in Second Quarter

August 7, 2019 Home prices in the second quarter continued to rise in the majority of housing markets across the country. Ninety-one percent of 178 metros tracked saw home price gains in the second quarter, according to the latest report … Continue reading

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Lower Mortgage Rates May Sprout Early Spring Buying Season

Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the year for home shopping. “Mortgage rates … … Continue reading

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Mortgage Rates Dip for Second Consecutive Week

There is good news for those looking to buy a home or have homes for sale in Pasco, Richland, Kennewick and the surrounding Tri Cities areas. Mortgage rates dipped for the second consecutive week, with the most popular loans falling to … Continue reading

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Mortgage Rates Take A Leap

Mortgage rates took a sudden jump last week, going from 3.93% to 4.46%. This is the largest weekly hike mortgage rates have seen in 26 years and have reached the highest level since July of 2011 according to Freddie Mac’s … Continue reading

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15 Year Mortgage Rate Lowest Ever

According to a weekly report from Freddie Mac, this week the mortgage rate for a 15 year fixed-rate mortgage hit an all-time low of 2.61%, down from 2.64%. This new low beat out the previous record of 2.63% recorded in November … Continue reading

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