Category Archives: Rates

Trump admin suspends mortgage insurance premium rate cut

Trump Administration Suspends Cut in FHA Mortgage Insurance Rate For 11 days we had one last gift from Obama’s administration dedicated to the housing market. We are talking about the mortgage-fee reduction announced on January 9 that was supposed to become effective on January 27. It was a cut with 0.25 percentage points on the

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Mortgage rates rise after Trump victory

Trump's victory sends mortgage rates higher After voters decided that president-elect, the real estate magnate Donald Trump would be the next president to take office, homes just got more expensive. Since November 8th, after Trump’s unexpected election victory, the interest rate on government bonds suffered an important decline. Mortgage interest rates are directly influenced by

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Factors That Determine Your Mortgage Interest Rate

The Most Important Factors that Affect Mortgage Interest Rate  Getting a mortgage can be a costly endeavor. The total costs of your mortgage can wind up rising due to several factors. The increase in the quote of your mortgage interest rate you obtained from your mortgage lender could come from a number of factors. Low credit

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Three types of mortgage loans for homebuyers

Understanding the three types of mortgage rates Just as houses come in different styles and have different prices, so do the mortgage loans. If you are ready to jump into the mortgage market you should also consider what type of mortgage you want. There are three basic types of loans to choose from, and a

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