Friday’s jobs report, showing a 92,000 job loss and a higher unemployment rate, may reverse recent upward pressure on mortgage…
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Chase reboots its ‘mortgage rate sale’ on purchases and refinances (expires Sunday)
Last summer, Chase Home Lending announced a “mortgage rate sale” — something practically unheard of in the mortgage industry. This…
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How much is the monthly payment on an $800,000 mortgage?
The median home price in the U.S. is $405,300, according to the Federal Reserve Bank of St. Louis. However, if…
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Rising but still below 6%
Mortgage rates are moving higher, driven by selling pressure in the bond market. The 30-year fixed rate has risen 12…
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30-year near multi-year low; 15-year sets new low
Mortgage rates remain close to 2022 lows. According to the Zillow lender marketplace, the current 30-year fixed rate is 5.81%,…
Read MoreChase reboots its ‘mortgage rate sale,’ this time on purchases and refinances
Last summer, Chase Home Lending announced a “mortgage rate sale” — something practically unheard of in the mortgage industry. This…
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How much income is needed to afford a $500,000 mortgage (including the down payment)?
Your income can play a significant role in your home-buying prospects. It not only influences your homebuying budget, but also…
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How much is a $700,000 mortgage monthly payment?
A $700,000 mortgage loan may sound high. But if you’re in more-expensive housing markets like California, Hawaii, or the Washington,…
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Should you get a personal loan? Here are the pros and cons
A personal loan can get you cash within days at a fixed rate and steady payment. Personal loans tend to…
Read MoreLowest in years, and well below 6%
Mortgage rates are poised to move even lower, as the 10-year Treasury has fallen nearly 2% over the past week.…
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