As interest rates on long-term mortgages continue to rise, buying a home at today’s record-high prices can be a challenge. However, a recent study from Zillow found that there is one thing home buyers can do to save themselves big time when it comes
It's no secret that mortgage interest rates have risen this year. Rates have risen almost four percentage points in less than a year. That kind of rate increase can be stressful for homebuyers. but what about home sellers? How do increasing rates affect w
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
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
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
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.
