Despite the wonderful peace of mind that comes with a free and clear house, the decision to pay a low -use mortgage early is not always clear. If the mortgage rate is low compared to risk -free investment returns, maintaining mortgage and investing excess funds elsewhere is often more logical. What is the mortgage of … Read more
I could think of the other day that Trump’s plan to reduce mortgage rates could be done by increased unemployment. While everyone is apparently focused on the other side of the medal, inflation is perhaps the right place to look at. We talked about prices and deportations when we may have to talk about all … Read more
If you have an adjustable rate mortgage that you are looking to be released, the good news is that it is generally as simple as requiring refinancing. The bad news is that the interest rate could be much higher today, assuming that you have locked up a super low rate several years ago. This has … Read more
This was good weeks for mortgage rates, which benefited from a delay on prices and some favorable economic data. Between a slowdown in the economy, reduced inflation and the thought that prices could be exaggerated, bond return at 10 years has improved considerably. Since reached its 2025 summit by 4.81% on January 13, it has … Read more
If you have recently seen advertisements for “Mortgage Matchup”, perhaps during a NBA match, or on the field itself, you may be wondering what it is. It is actually an interesting question and answer because it is a company that does not work directly with the public. However, they advertise directly to consumers all the … Read more
If you have a quick release from Fannie Mae and Freddie Mac, you may want to be patient. While the chances that the pair coming out of the tutelage has increased sharply once Trump’s second term, he still faces a difficult battle. One of the main bonding points is mortgage rates, which many expect to … Read more
If you already have a mortgage, you might be curious to refinance, and more precisely if you need to use your original lender. Or if it is better to use them in relation to another option. Let’s talk about this to better understand how it all works. And why it might be logical to look … 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
As I said before when talking about mortgage, what a difference a week can make. Or even a few days. If you’re new to mortgage rates, be aware that they can be very volatile. And can change from one day to the next. Similar to a stock, the price might not be the same tomorrow … Read more
The Consumer Financial Protection Bureau (CFPB) has finalized a rule that will remove medical debt from consumer credit reports. In doing so, Americans’ credit scores are expected to increase by an average of about 20 points, increasing the number of home loan applicants who get approved for a home loan. The agency noted that “medical … Read more