A Guide to Mortgage Interest Rates

Mortgage interest rates are a mystery to many of us—whether you’re a home buyer in need of a home loan for your first house or your fifth. After all, what does “interest rate” even mean? Why do rates swing up and down? And, most important, how do you nab the best interest rate—the one that’s […]

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Defying Predictions, Mortgage Rates Are Dropping—Here’s Why

    Written by: Clare Trapasso, Realtor.com Anxious would-be home buyers have been watching mortgage interest rates finally begin ticking up again in 2017, ` years of historical lows. And when the Federal Reserve raised the short-term interest rate in March, the conventional wisdom was that mortgage rates would follow suit—as they typically do. But that’s […]

Read More Defying Predictions, Mortgage Rates Are Dropping—Here’s Why