In the News

On Friday the average rate on a 30-year fixed hit 3.23%, down form 3.42% at the beginning of the week, according to Mortgage Insider. (read more)

(Points are fees paid to a lender equal to 1 percent of a loan amount and are in addition to the interest rate.) It was 3.49 percent a week ago and 4.35 percent a year ago. (read more)

Americans are jumping at the chance to save a lot of money by refinancing their home loans — as mortgage rates fall to record lows. (read more)

Coronavirus fears have sent markets reeling, but they’re also pushing mortgage rates dow near historical lows. That’s an opportunity for both new buyers and current homeowners looking to refinance. (read more)