Posts in category

Mortgage Rates


Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are ours. View mortgage rates for October 19, 2021, …

Bankrate follows a strict editorial policy, so you can be sure that we put your interests first. Our award-winning editors and journalists create honest, accurate content to help you make the right financial decisions. The key principles We appreciate your trust. Our mission is to provide readers with accurate and unbiased information, and we have …

Forty years ago today, US mortgage rates hit 18.5%. This astonishing October 16, 1981 reading of the 30-year fixed-rate average mortgage came during a period of soaring inflation. A bold move by the Federal Reserve used economic shock therapy to freeze consumer prices that rose 14%. The Fed’s hard-love tactic worked and inflation cooled, with …

The Federal Reserve could start cutting back on mortgage-backed securities purchases as early as November, giving a boost to market forces that have pushed mortgage rates higher in recent weeks. The Fed was careful to telegraph its intentions, in order to avoid surprising investors and sending rates soaring too quickly, as happened during the “temper …

Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are ours. Check out mortgage rates for October 14, …

Freddie Mac plans to expand his investment in affordable housing, giving potential buyers the ability to buy a home for less money. But getting a mortgage with a small down payment has its downsides. (iStock) Mortgage giant Freddie Mac plans to offer at least $ 3 billion in affordable single-family home bonds in a bid …

TThose lucky enough to be able to afford a home loan will now have to prove that they can pay 3% more than the interest rate offered by the bank. This is a new measure ironically introduced not to ensure that people will be able to pay when fares go up, but because fares aren’t …

It’s no secret that house prices have skyrocketed over the past year. Low mortgage rates and limited inventory have fueled an increase in demand, and now many buyers are struggling to find properties that fit their budget. But it’s not just that homes have become more expensive to buy. They have also become more expensive …

Michael Short / Getty A variety of major mortgage rates have fallen today. Average interest rates for 15-year fixed and 30-year mortgages have declined. We have also seen a decrease in the average rate for 5/1 adjustable rate mortgages. Mortgage interest rates are never set in stone, but interest rates are at their lowest in …

Jim Lane / Getty Images A variety of major mortgage rates have fallen today. Average interest rates on 15-year and 30-year fixed mortgages have fallen. At the same time, the average rates of 5/1 variable rate mortgages have also declined. Although mortgage rates are constantly changing, they are lower than they have been in years. …