Tag: mortgage rates

Mortgage Rates Monday: Mixed, Accompanying Brisk New Home Sales

The average rate on 30-year fixed-rate mortgages fell three basis points, the 15-year fixed rate dropped three basis points, too, and the 5/1 ARM climbed three basis points, according to a NerdWallet survey of daily mortgage rates published by national lenders Monday. The 30-year fixed-rate mortgage is three basis points lower than one week ago and 21 basis

Fact: 2016 Was the Best Year for Housing in a Decade

Say what you will about the economy; for homeowners, 2016 was a great year. In fact, it was the best year in a decade, according to the National Association of Realtors. Equity rose, unemployment dropped and people refinanced to some of the lowest 30-year fixed interest rates around. Sellers cashed out. Buyers locked in stable

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