The post Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023 appeared first on Weekly Real Estate News.
Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023
Inflation
Mortgage News: More Lenders Up Cost Of Borrowing As Rate Pessimism Deepens
Lenders are significantly increasing the cost of mortgage borrowing, as was widely expected following last month’s inflation news, to the dismay of beleaguered borrowers, writes Jo Thornhill. The headline rate of inflation fell from 10.1% to […]
Housing Wire
Opinion: Why it’s time to cut mortgage fees
FHA’s Tuesday release of its MMIF Report showing that FHA continues to build its capital reserve ratio to 11.1% will no doubt add fuel to the public debate about whether FHA should cut premiums for […]
Housing Wire
Why mortgage rates fell with a stronger jobs report
What a week this has been for the housing market, from the fireworks of Fed Chair Jay Powell’s Congressional testimony to an attempt to break over a critical line on the 10-year yield. Then Friday […]