May 19, 2020 Borrowers with top-notch credit are scoring mortgage rates lower than the record average lows being reported. Freddie Mac announced the 30-year fixed-rate mortgage averaged 3.28% for the week ending May 14, but home shoppers with stellar credit could snag one with a rate of about 2.5%, according to The Mortgage Reports. The […]

May 12, 2020 The pandemic doesn’t appear to be spooking some potential home-buyers away. Sporting masks and gloves, they’re rushing to preview homes in person, CNBC reports. But it’s home sellers who may be keeping them back. “We’ve had buyers ready, willing, and able, and the sellers have been the ones who have pulled their […]

May 8, 2020 © REALTOR® MAGAZINE The 30-year fixed-rate mortgage inched up slightly this week to average 3.26%, but remains near its record low. “Mortgage rates stayed at or near record lows for the fifth straight week and homeowners are taking advantage with refinance activity remaining high,” says Sam Khater, Freddie Mac’s chief economist. Another […]