Renovating your home can be both exciting and intimidating, especially if you’re remodeling the whole property or building an addition. It can be a big project, and anyone who’s watched a home remodeling show knows that things often don’t go as planned. Does that mean you shouldn’t take on your renovation project? Not necessarily. But […]
Tag: mortgage rates
Current Mortgage Rates Stay Below 3%
The average rate for a 30-year fixed-rate loan ticked up 0.01 percentage points to 2.98% with 0.7% mortgage discount points paid for the week ended April 28. This is the second week in a row where Freddie Mac’s benchmark Primary Mortgage Survey rate has been below the 3% mark. It’s also the first time the rate has increased, even if […]
Mortgage rates hold steady heading into holiday weekend
Mortgage rates paused ahead of Friday’s employment report and the Labor Day weekend. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average ticked up to 2.93 percent with an average 0.8 point. (Points are fees paid to a lender equal to 1 percent of the loan amount and are in […]
Mortgage Interest Rates Start to See Increases
The story of the month was last week when mortgage interest rates dipped below 3% for the first time on record—a threshold many in the industry doubted would ever happen. The trend has reversed its course—slightly—in the past week with 30-year fixed rate loans landing at 3.01%, according to the weekly report from Freddie Mac. […]