When it comes to tapping into the equity you have built up in your home, there are two main options: The home equity loan and the home equity line of credit. Both of these loans are secured by your home, … Continue Reading

Despite market volatility, mortgage rates closed today at the same level where they left off. Strong economic data in the morning caused rates to increase at the open, yet the Fed’s statement in the afternoon brought rates back to where … Continue Reading

Once you’ve bought a house or condo, every time you hear on the news that mortgage rates have gone down, you can’t help but wonder if you should refinance your mortgage for a lower rate. But how do you know … Continue Reading

Mortgage rates have continued to meander downward through this week, getting into the range of 4.25 percent to 4.5 percent on a 30-year fixed loan. This spread hasn’t been realized since the beginning of the month, so it shows how … Continue Reading

After the emotional fuss on the Federal Reserve’s tapering of mortgage-backed securities purchasing a few weeks ago, the hot air is coming out of the balloon. Mortgage rates continue a slow but steady drop this week from their highs of … Continue Reading

Rates continue to meander between 4.5 and 4.75 percent when it comes to the 30-year mortgage rate bellwether average. Much of the minimal movement has been due to a waiting period generally anticipating new comments from the Federal Reserve, particularly … Continue Reading

Real estate agents and home buyers are breathing a sigh of relief as mortgage interest rates dropped this week to an average of 4.3%, down from a two-year high of 4.46% the week before. Market watchers were aghast the week … Continue Reading