In the week ahead (Sept. 24-30), 9 percent of the experts on Bankrate’s panel predicts rates will rise, while 91 percent expect rates to hold steady and 0 percent think rates will fall. Rates are near a record low and are…
Mortgage rates are influenced by a range of economic factors, from inflation to unemployment numbers. Typically, higher inflation means higher interest rates and vice versa. As inflation rises, the dollar loses value, which in turn drives off investors for mortgage-backed…
Qualifying for a mortgage is a bit different from the last time they bought a home. Not only have lenders tightened their credit during the pandemic, retirees generally have left a steady paycheck behind. It can get tricky for retirees,…
Recently many homeowners are seeking less densely populated areas this has resulted in homebuyers rushing for mortgages but fewer homeowners are refinancing even though rates are heading toward record lows. As a result, total mortgage application volume fell 2% last…
