Marco Santarelli

MARCH 17, 2025

Current Mortgage Rates on March 17, 2025 If you're shopping for a mortgage right now, it's crucial to know where interest rates stand. As of today, March 17, 2025, data from Zillow shows that mortgage rates have been inching upwards. This lower rate is one of the big draws of a 15-year mortgage.

Mortgages 73

Mortgages Fixed-rate mortgage Principal Loans 73

Marco Santarelli

APRIL 7, 2025

As of April 7, 2025, today's mortgage rates have decreased significantly. According to Zillow, the average 30-year fixed mortgage rate now stands at 6.39% , down by 20 basis points since last week. The 15-year fixed mortgage rate has also fallen, dropping 19 basis points to 5.72%.

Mortgages 59

Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 59

Marco Santarelli

FEBRUARY 26, 2025

Are you glued to your screen, constantly refreshing to find out today's mortgage rates ? As of February 26, 2025, we've seen a welcome dip in mortgage rates. The average 30-year fixed-rate mortgage is currently sitting at 6.35%. So, yes, rates are down today, but keep those expectations in check.

Mortgages 93

Mortgages VA loan Debt-to-income ratio Fixed-rate mortgage 93

Marco Santarelli

MARCH 13, 2025

As of today, March 13, 2025, mortgage rates have increased slightly in response to the latest inflation data, with the 30-year fixed mortgage rate now at 6.34% and the 15-year fixed rate at 5.65%. 20-year fixed 6.11 15-year fixed 5.65 20-year fixed 6.11 15-year fixed 5.65

Mortgages 52

Mortgages Fixed-rate mortgage Debt-to-income ratio Principal 52

Marco Santarelli

MARCH 30, 2025

Focus on Financial Health: Improving your credit score and lowering your debt-to-income ratio are key factors in securing a lower mortgage rate. Current Mortgage Rates on March 30, 2025 For those looking to purchase a home, understanding the current landscape of interest rates is crucial.

Mortgages 65

Mortgages Principal Fixed-rate mortgage Debt-to-income ratio 65

Marco Santarelli

APRIL 9, 2025

Mortgage Rates Drop: Demand Surges 20% Amid Tariff-Driven Turmoil A Perfect Storm: Tariffs, Rates, and Refinancing It all started with shifts in the tariff situation, which caused ripples in the financial markets. These ripples translated into a decrease in mortgage interest rates.

Mortgages 52

Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 52

Marco Santarelli

DECEMBER 22, 2024

Mortgage rates are a critical consideration for anyone looking to borrow money for a home. As of December 22, 2024, the average 30-year fixed mortgage rate has increased to 6.67% , marking its highest point since June 2024. Treasury Yields: The 10-year Treasury yield is a significant benchmark for mortgage rates.

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Debt-to-income ratio 52

Marco Santarelli

MARCH 20, 2025

Are you keeping an eye on mortgage rates? As of March 20, 2025, the mortgage market is showing a slight upward tick , with rates inching up for the second consecutive week. Despite this recent bump, it's important to remember that rates are still more favorable compared to where they stood this time last year.

Mortgages 52

Mortgages Debt-to-income ratio Principal VA loan 52

Marco Santarelli

MARCH 25, 2025

According to the latest data, the average 30-year fixed mortgage rate stands at 6.58%, while the 15-year fixed mortgage rate is currently at 5.97%. This benchmark rate is a popular choice for its stability and predictability, making it a crucial indicator for the housing market.

Mortgages 52

Mortgages Fixed-rate mortgage Debt-to-income ratio Principal 52

Realtor.com

FEBRUARY 2, 2022

But our mortgage and lending system can be especially challenging for retirees to navigate, simply because lenders prioritize income. “And Watch your debt-to-income ratio. When you retire, your lack of income may scare some lenders. Get creative with your mortgage.

Debt-to-income ratio 100

Debt-to-income ratio Mortgages Fixed-rate mortgage Lending 100

Marco Santarelli

DECEMBER 11, 2024

Mortgage rates have climbed today as the market anticipates the report from the Consumer Price Index (CPI) set to be released later today. As of December 11, 2024, the national average for the 30-year fixed mortgage rate is 6.26% , while the 15-year fixed rate has risen to 5.62%.

Mortgages 52

Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 52

HomeLight

JUNE 22, 2023

All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. All of these things are stressful and confusing, but you’d be surprised by how many people struggle with the mortgage process. And they need answers to their mortgage questions.

Debt-to-income ratio 98

Debt-to-income ratio Mortgages FHA loan Loans 98

Marco Santarelli

JANUARY 6, 2025

As of today, January 6, 2025, mortgage rates have presented a slight drop, which could influence your home buying or refinancing decisions in significant ways. The current average for a 30-year fixed mortgage stands at 6.67%. 20-year fixed 6.51 15-year fixed 6.00 What Affects Mortgage Rates?

Mortgages 97

Mortgages Debt-to-income ratio Fixed-rate mortgage VA loan 97

Marco Santarelli

MARCH 3, 2025

Today's mortgage rates, as of March 3, 2025, have dropped! The current average rate for a 30-year fixed mortgage is 6.27% , while the 15-year fixed mortgage rate is 5.57%. While this isnt directly the mortgage rate, it influences it. Lets dive into what this means for you.

Mortgages 102

Mortgages Fixed-rate mortgage Debt-to-income ratio Pre-approval 102

HomeLight

OCTOBER 15, 2020

A conventional loan is a private mortgage that’s not backed by the federal government (we’ll get to government loans in a bit). All buyers who want to use a conventional loan will have to meet certain credit, debt, and savings requirements, as defined by the specific lender. Here’s what you need to know. What’s a conventional loan?

Loans 98

Loans FHA loan Debt-to-income ratio VA loan 98

Marco Santarelli

MARCH 6, 2025

Thinking about buying a home or refinancing your current mortgage? Well, today's mortgage rates, as of March 6, 2025, show an increase. Specifically, the average 30-year fixed mortgage rate is currently at 6.28% , and the 15-year fixed rate is 5.57%. Predictability is the name of the game here!

Mortgages 65

Mortgages Debt-to-income ratio Loans Principal 65

Marco Santarelli

JANUARY 23, 2025

Mortgage rates on January 23, 2025, have seen a decline across various loan types, continuing a downward trend that has impacted borrowers positively. The current average rate for a 30-year fixed mortgage is 7.05% , down from 7.13% last week. Over a 30-year loan, that amounts to nearly $1,944.

Mortgages 52

Mortgages Debt-to-income ratio Loans Fixed-rate mortgage 52

Marco Santarelli

OCTOBER 14, 2023

According to Freddie Mac's Primary Mortgage Market Survey (PMMS) , which tracks the average rates for 30-year fixed-rate mortgages since 1971 , mortgage rates have ranged from a record low of 2.65% in January 2021 to a record high of 18.63% in October 1981.

Debt-to-income ratio 88

Debt-to-income ratio Mortgages Fixed-rate mortgage Construction 88

Marco Santarelli

SEPTEMBER 30, 2023

FHA mortgage rates are typically higher than conventional mortgage rates, but they can be a good option for borrowers with lower credit scores or smaller down payments. FHA mortgage rates don't use risk-based pricing models, so there are no added fees or premiums for lower credit scores. down payment.

FHA loan 105

FHA loan Mortgages Debt-to-income ratio Loans 105

Realty Biz

MARCH 15, 2023

Mortgage Rates Interest rates had stayed low for a long time but began rising last year. For a 30-year fixed-rate mortgage, interest rates have averaged between 6% and 7% recently. With higher interest rates, mortgages are more expensive. Is now the right time to buy a home?

Debt-to-income ratio 111

Debt-to-income ratio Fixed-rate mortgage Mortgages Loans 111

Realty Biz

JUNE 15, 2022

A fixed-rate mortgage is stable for 15 to 30 years, but rents may increase on average as much as 5% per year. . A fixed-rate mortgage is stable for 15 to 30 years, but rents may increase on average as much as 5% per year. . You Need a 20% Down Payment to Get a Mortgage. It’s Cheaper to Rent Than Own.

Debt-to-income ratio 98

Debt-to-income ratio VA loan Fixed-rate mortgage Loans 98

HomeLight

MARCH 11, 2022

As Michael Stegman of Duke University, observes, “ Saving for a down payment remains one of the biggest barriers to obtaining a home mortgage ,” and in many cases, down payment assistance has become “the first rung on the homeownership ladder.”. The state capitol of Boston, one of America’s oldest cities, is now also a thriving tech hub.

Closing costs 111

Closing costs Debt-to-income ratio Fixed-rate mortgage Loans 111

Redfin

JULY 11, 2024

If you’re searching for a condo in New York or a home in Los Angeles , understanding mortgage interest is crucial for making informed financial decisions. What is mortgage interest and how does it work? Mortgage interest is the fee you pay for borrowing money to buy a home. How are mortgage rates determined?

Mortgages 71

Mortgages Fixed-rate mortgage Debt-to-income ratio Principal 71

Redfin

SEPTEMBER 6, 2024

You might be asking, especially now that interest rates have finally decreased. Understanding how interest rates work and how they can affect your finances is essential for making informed decisions about homeownership. A fixed-rate mortgage has an interest rate that remains the same throughout the life of the loan.

Debt-to-income ratio 69

Debt-to-income ratio Fixed-rate mortgage Principal Loans 69

Marco Santarelli

OCTOBER 6, 2024

Mortgage rates predictions for the next three months are shaping up to be quite optimistic, with many experts forecasting a potential decline to around or under 6% by the end of October 2024. Future Expectations : LendingTree predicts rates could fall to 6% or lower by October, making it an ideal time for buyers.

Mortgages 97

Mortgages Debt-to-income ratio Fixed-rate mortgage Banks 97

Point2Homes

NOVEMBER 8, 2020

Indeed, you may be thinking about refinancing your mortgage in order to make the most of low rates. Read on to check out the 7 essential steps you should take in order to take advantage of low rates and refinance your mortgage. Are you trying to switch from an adjustable-rate to a fixed-rate mortgage?

Debt-to-income ratio 75

Debt-to-income ratio Mortgages Fixed-rate mortgage Closing costs 75

Realty Biz

SEPTEMBER 30, 2023

Government-backed programs: Government-backed mortgage programs, such as FHA loans, VA loans, and USDA loans, often have more relaxed credit score requirements. Higher interest rates: Keep in mind that having bad credit may result in higher interest rates on your mortgage.

Finance 96

Finance Debt-to-income ratio FHA loan Mortgages 96

HomeLight

JUNE 16, 2023

The average American household credit card debt is $5,315 , the average student loan debt is almost $39,000 , and the average car loan for a new vehicle is around $44,140. If you’re a homeowner with consumer or student debt, it’s tempting to tap into your home’s equity with a cash-out refinance to pay down these balances.

Fixed-rate mortgage 88

Fixed-rate mortgage Equity Loans Debt-to-income ratio 88

Redfin

SEPTEMBER 4, 2024

Refinancing your mortgage can be a strategic move to either lower your monthly payments, shorten your loan term, or tap into your home’s equity. However, did you know refinancing a mortgage can cost you? Now that you’re wondering, “How much does it cost to refinance a mortgage?” Learn more about today’s mortgage rates.

Mortgages 69

Mortgages Debt-to-income ratio Closing costs Principal 69

Redfin

AUGUST 12, 2024

With various mortgage types available, navigating the options can be overwhelming. Whether you’re looking to buy your first home in Austin or refinance your house in Miami , understanding the different mortgage types and key factors is essential. What is a mortgage? Taxes : Property taxes levied by the local government.

Loans 74

Loans Mortgages Pre-approval Fixed-rate mortgage 74

Marco Santarelli

MARCH 27, 2025

One of the biggest hurdles is getting a great mortgage rate. The good news is, getting the lowest mortgage interest rate in 2025 is possible if you take the right steps. The Federal Reserve: The Fed's decisions on interest rates trickle down to mortgage rates. Your Credit Score: This is a big one!

Debt-to-income ratio 52

Debt-to-income ratio Mortgages Fixed-rate mortgage Loans 52

Redfin

FEBRUARY 11, 2021

However, before finalizing your list of new homeowner expenses, one of the often-forgotten costs to consider adding is private mortgage insurance (PMI). When you apply for a mortgage , your lender may ask if you’re going to put up 20% of the home’s sale price as a down payment. But what is PMI and how does it work? . What is PMI? .

Debt-to-income ratio 66

Debt-to-income ratio VA loan Fixed-rate mortgage Loans 66

HomeLight

AUGUST 28, 2020

In the world of real estate, these bits of “advice” tend to get thrown around like candy, leaving buyers with the vague idea that mortgage rates are important, but very little context as to why. What, exactly, is a mortgage rate? How is your rate determined? And how do you get a low rate?

Mortgages 104

Mortgages Loans Fixed-rate mortgage Principal 104

Realty Biz

DECEMBER 30, 2022

Conventional Mortgage. Of all the different types of mortgage loans that we're going to discuss, conventional mortgages are the most common. As long as you're able to qualify for one, it's probably the type of mortgage loan that you'll want to take out when you're buying a house.

Loans 69

Loans FHA loan Mortgages Debt-to-income ratio 69

Redfin

SEPTEMBER 27, 2021

Shopping for a mortgage, you might encounter lenders who pre-qualify you for a higher loan amount than you expected. Many lenders work with standard debt-to-income ratio calculations which don’t take into account other costs of home ownership. The first step is understanding how much you can afford to spend on a mortgage.

Debt-to-income ratio 71

Debt-to-income ratio Closing costs Loans Title 71

Marco Santarelli

JUNE 25, 2024

This week, we'll break down the current mortgage rate landscape (as of June 25th, 2024) and explore predictions for the upcoming week to help you make informed decisions. The average 30-year fixed-rate mortgage, the most popular option, has dipped to 7.00%, a welcome decrease of 2 basis points from last week.

Mortgages 52

Mortgages Debt-to-income ratio Fixed-rate mortgage Equity 52

Marco Santarelli

DECEMBER 14, 2024

On December 14, 2024, mortgage rates have increased slightly, highlighting the influence of economic fluctuations and upcoming Federal Reserve decisions. The 30-year fixed-rate mortgage has climbed to 6.42% , while the 15-year fixed rate is at 5.79%.

Mortgages 52

Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 52