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How Often Do Mortgage Rates Change?

How Often Do Mortgage Rates Change?

When you are ready to buy a house or refinance your existing home loan, getting the best mortgage interest rate is key to minimizing your total borrowing costs. You may have heard in the news lately about rates moving up and down due to inflation trends.

Jul 20, 2023 | Interest Rates

Making Sense of Today's Interest Rates

Making Sense of Today's Interest Rates

Mortgage interest rates have risen sharply in the past year, having bumped around the 3% -4% range for the last decade. After getting so accustomed to that range of rates, many borrowers are struggling with today’s level in the 6% span. However, his

Jun 13, 2023 | Interest Rates

Adjustable-Rate Mortgages – The Most Frequently Asked Questions

Adjustable-Rate Mortgages – The Most Frequently Asked Questions

In today’s real estate market with rising interest rates and high home prices, potential homebuyers are looking in every direction for ways to make home ownership more affordable. One option might be to utilize an adjustable-rate mortgage loan. These offe

Mar 16, 2023 | Interest Rates

What is the Difference Between a Mortgage Interest Rate and the APR?

What is the Difference Between a Mortgage Interest Rate and the APR?

As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do they affect your home loan? Mortgage Interest Rate When

Jan 24, 2023 | Interest Rates

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