7/18/2024 - Mortgage Rates Fall to 4-Month Low Long-term mortgage rates took a dive in the latest week, as investors anticipated Federal Reserve rate cuts. The average rate on a 30-year fixed-rate home loan fell to 6.77% during the week ended July 18, 202
Jul 22, 2024 | Mortgage Monday's
U.S home prices rose in May, but only by 0.3%, bringing the pace of growth down to the slowest rate since January 2023, according to real estate data firm Redfin. Prices rose 7.2% from the year before, but even annual growth is showing signs of plateauing
Jun 24, 2024 | Mortgage Monday's
6/7/2024 - Home prices fell in the latest week, for the first time this year, according to a recent report from Redfin. The median U.S. home price fell $3,000 to $416,623, although prices are still up about 4% on an annual basis. Redfin also found that 6.
Jun 10, 2024 | Mortgage Monday's 0% Down Payment
United Wholesale Mortgage (UWM) has made a big announcement aimed at empowering borrowers and mortgage brokers. This was a new 0% down purchase program, an exclusive offering that allows qualified borrowers to receive up to $15,000 in down payment as
Jun 03, 2024 | Mortgage Monday's 0% Down Payment
For the first time in six weeks, the average interest rate on long-term mortgage loans fell below 7% last week, a welcome windfall for spring homebuyers. According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage dropped to 6.94% during t
May 27, 2024 | Mortgage Monday's