Shutterstock.com Advertising disclosure: When buying something by clicking on the links in this article, we may win a small commission, but it never affects the products or services that we recommend. President Trump’s second mandate is to reshape the economy – not always for the better. Who is sweeping new customs duties to high inflation … Read more
You’ve probably heard that one of President Trump’s objectives is to reduce mortgage rates. He talked about it on the campaign track before being elected and continued to ask for lower prices since the election victory. Like most others, it is well aware that the affordability of housing is poor today and that the rate … Read more
Well, it happened again. The Federal Reserve announced another rate cut and mortgage rates increased. In fact, the 30-year fixed term now starts with 7 instead of 6 for most loan scenarios. What is happening? Although it seems to defy logic, it is a fairly common phenomenon. This also happened in September. This should make … Read more
Lately, there has been a lot of speculation surrounding the direction of mortgage rates. I, too, have been very involved in this trying to figure out what the next step would be in terms of pricing. Despite the recent increase in the 30-year fixed rate from around 6% to 7%, I remain optimistic that a … Read more