by Ernest Polej | Jul 7, 2023 | Interest Rates, Mortgage Rates
Great news for prospective homebuyers and those looking to refinance! Despite minimal changes in June, mortgage rates, which had surpassed the 6.5% mark in late May, presented some minor dips that motivated borrowers eagerly took advantage of. According to...
by Ernest Polej | Jun 10, 2023 | Loan, Mortgage Rates
If you’re curious about current mortgage rates and what factors can impact them, you’re in the right place. Let’s dive into it with confidence: Economic Climate: Mortgage rates are influenced by the overall economic conditions. When the economy is strong and...
by Ernest Polej | Apr 7, 2023 | Advice for Homeowners, Home Buying, Market Updates, Mortgage Rates
As we near the end of March 2023, the mortgage market has seen some movement in interest rates. According to Bankrate.com, the average rate on a 30-year fixed mortgage is 6.93%, while the average rate on a 15-year mortgage is 6.18%. Jumbo mortgages with a 30-year term...
