How Does the Federal Reserve Affect Mortgage Rates in the U.S.?

Alongside economic growth, inflation, and a few other things, the Federal Reserve is just one of the many factors that can influence mortgage rates in the U.S. However, one thing that should be clarified from the start of this post, is that the Federal Reserve do not control mortgage rates.  Who Makes or Sets the … Read more

Are Mortgage Rates Going to Stay Low During the Coronavirus Outbreak?

Understandably, so many people in America right now have real concerns over managing their finances. With the growing presence of COVID-19, comes growing anxiety. In this post, we look at what the markets and industry-professionals are saying about the future of mortgage rates and answer the questions that are at the forefront of people’s minds … Read more

With Lower Mortgage Rates on Offer, is Now the Right Time to Refinance?

When you refinance your mortgage, you pay off your existing loan and replace it with a completely new agreement. Refinancing usually comes at a cost, which, in most cases, is between 2-5% of the loan principal, not to mention the appraisal, application fees, and the title search. Because of this, it’s important to know whether … Read more