Mortgage Rates are Seasonal and Other Secrets

Mortgage Rates are Seasonal and Other Secrets

We’ve known for decades that home buying and selling follows seasonal patterns, but a recent study* from housing tech startup Haus found that mortgage interest rates also have their own pattern. They also uncovered several other tidbits about how and when

Mar 10, 2021 | Interest Rates

Why ARM Loans Don’t Make Much Sense Right Now

Why ARM Loans Don’t Make Much Sense Right Now

If you are looking to buy a home soon or to refinance your current mortgage, you know that interest rates are very low.  In recent weeks, the average rate on a 30-year fixed-rate mortgage is below 3%. In fact, rates have been setting record lows

Jan 20, 2021 | Interest Rates

Why This Fall Might Be the Best Time to Buy a House

Why This Fall Might Be the Best Time to Buy a House

The U.S. housing market has been in overdrive for the past several months, as buyers play catch up after the coronavirus pandemic shut down most home-shopping in the spring. Existing home sales in June and July both grew by more than 20% while inventory f

Sep 30, 2020 | Interest Rates Purchasing a Home

How the New Fed Policy Will Affect Utah Mortgage Rates

The U.S. Federal Reserve recently announced its new approach to monetary policy, setting the markets abuzz with rumors. Will Utah mortgage interest rates remain low? Will they jump? Here’s what the Fed’s policy means for mortgage loans. &nbsp

Sep 16, 2020 | Interest Rates Mortgage News

Should I Refinance into a 15-year Mortgage Now?

Should I Refinance into a 15-year Mortgage Now?

Mortgage interest rates are at all-time lows right now. It’s obviously a great time to refinance for lower rates and payments. Perhaps you are interested in paying off your mortgage loan faster though. Is refinancing into a shorter loan a good idea

Aug 26, 2020 | Interest Rates

How are Mortgage Interests Rate Determined?

How are Mortgage Interests Rate Determined?

Getting the very lowest interest rate is usually top priority for most home loan seekers but mortgage rates can vary widely from day to day and year to year. They are influenced by international and domestic market changes as well as an individual borrowe

Aug 05, 2020 | Interest Rates Mortgage Basics

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