Marco Santarelli

MARCH 4, 2025

Today's mortgage rates on March 4, 2025, show a slight decrease, particularly in the 30-year fixed mortgage rate, which sits at an average of 6.26%. However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown.

Mortgages 119

Mortgages Debt-to-income ratio VA loan FHA loan 119

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

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. As of March 8, according to Commerce Bank , the prime rate was 7.75%. rebranded as Rithm Capital ).

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Marco Santarelli

MARCH 17, 2025

Are you keeping an eye on mortgage rates today, March 17, 2025? If you're in the market to buy a home or thinking about refinancing, you're probably wondering what's happening with interest rates. Well, according to the latest data, mortgage rates are still on the higher side and have even seen a bit of an increase recently.

Mortgages 72

Mortgages Fixed-rate mortgage Principal Loans 72

Marco Santarelli

MARCH 30, 2025

Today, March 30, 2025, potential homebuyers and those looking to refinance are seeing a slight dip in mortgage rates. According to recent data from Zillow, the average 30-year fixed mortgage rate has edged down to 6.59%, a decrease of three basis points.

Mortgages 64

Mortgages Principal Fixed-rate mortgage Debt-to-income ratio 64

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 6.08 15-year fixed 5.70

Mortgages 52

Mortgages Fixed-rate mortgage Debt-to-income ratio Principal 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. Refinance Rates: The average 30-year refinance rate stands at 6.71%.

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

Today's mortgage rates have experienced a slight uptick, a trend observed at the commencement of the spring home-buying season. 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%.

Mortgages 52

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

Realty Biz

OCTOBER 21, 2020

Mortgage rates are at an all-time low, but that’s just too bad for the thousands of potential home buyers who’re missing out on the action due to tighter lending standards. Last week, Freddie Mac reported that the 30-year fixed rate mortgage now averages just 2.81%, a new all time low for mortgage rates in the U.S.

Debt-to-income ratio 105

Debt-to-income ratio Mortgages Fixed-rate mortgage Lending 105

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

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%. Why are rates important, anyway?

Mortgages 64

Mortgages Debt-to-income ratio Loans Principal 64

Realtor.com

FEBRUARY 2, 2022

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

Debt-to-income ratio 100

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

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%. Mortgage rates have decreased slightly , with expectations of more fluctuations.

Mortgages 97

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

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. And they need answers to their mortgage questions. As a first-time homebuyer, you’re likely among the 85% of buyers who will apply for a home mortgage instead of paying cash.

Debt-to-income ratio 98

Debt-to-income ratio Mortgages FHA loan Loans 98

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

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%. Today's Mortgage Rates March 3, 2025: Rates Drop Across the Board What's Driving These Rate Changes?

Mortgages 102

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

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.

FHA loan 105

FHA loan Mortgages Debt-to-income ratio Loans 105

Marco Santarelli

OCTOBER 14, 2023

If you are thinking about buying a home or refinancing your current mortgage , you might be wondering how interest rates have changed over time and what factors affect them. In this blog post, we will take a look at the historical trends of mortgage rates in the U.S. How Have Mortgage Rates Changed by Year Since 1950?

Debt-to-income ratio 88

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

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

HomeLight

OCTOBER 15, 2020

You’ve worked hard to improve your credit score , pay down your debts, and save up for a healthy down payment. Finally, you’re ready to buy that dream home and tackle this whole mortgage thing once and for all. Fannie and Freddie are government-sponsored entities (GSE) that back most of the mortgages in the U.S.

Loans 98

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

Redfin

JULY 11, 2024

In this Redfin article, we’ll delve into the intricacies of mortgage interest, helping you understand how it works, what factors influence it, and how different types of mortgages can affect your payments. What is mortgage interest and how does it work? What is mortgage interest and how does it work?

Mortgages 71

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

Realty Biz

SEPTEMBER 30, 2023

Mortgages with Low Credit Scores Mortgages with low credit scores can appear challenging, but there are options available. Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. Can you buy a house with bad credit?

Finance 96

Finance Debt-to-income ratio FHA loan Mortgages 96

Point2Homes

NOVEMBER 8, 2020

Interest rates are currently at a historic low, making it extremely tempting to reconsider your current mortgage. Indeed, you may be thinking about refinancing your mortgage in order to make the most of low rates. 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

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. Are You Financially Ready to Buy a Home?

Debt-to-income ratio 111

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

HomeLight

AUGUST 28, 2020

If you’re buying a home, you probably already know you want to get the lowest mortgage rate possible. And you’ve also likely heard that mortgage rates are super low (and have been for years!) 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

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?” What does it mean to refinance a mortgage?

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? Here’s an overview of the main mortgage types: 1.

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. So, let's break down exactly what you need to do to snag that low rate in 2025. How to Get the Lowest Mortgage Interest Rate in 2025?

Debt-to-income ratio 52

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

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. . Money spent on a mortgage each month is building equity in something you’ll eventually own, and is a foundational means to growing wealth. You Need a 20% Down Payment to Get a Mortgage.

Debt-to-income ratio 98

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

HomeLight

MARCH 11, 2022

Understandably, many buyers worry they can’t afford a mortgage in this highly desirable state. 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.”.

Closing costs 111

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

Redfin

SEPTEMBER 6, 2024

For those looking to move from an apartment in Glendale, California to a home in Sherman Oaks or outside the state, mortgage interest rates are a crucial factor to consider. These rates directly impact the monthly payments you’ll make on your loan. How much does interest rate affect monthly payment?

Debt-to-income ratio 69

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

Realty Biz

DECEMBER 30, 2022

If you fall into this category, you'll need to learn how mortgages work. More specifically, you'll need to spend some time educating yourself on the different types of mortgage loans. It'll also help you get access to the best mortgage rates around. Conventional Mortgage. Government-Backed Mortgage.

Loans 69

Loans FHA loan Mortgages Debt-to-income ratio 69

Marco Santarelli

JUNE 25, 2024

Finding the right mortgage can feel like deciphering a complex code. 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 30-year fixed-rate offers several advantages. The trade-off?

Mortgages 52

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

Marco Santarelli

DECEMBER 14, 2024

Navigating the current housing market requires an understanding of today's mortgage rates , which are pivotal for anyone looking to buy a home or refinance. On December 14, 2024, mortgage rates have increased slightly, highlighting the influence of economic fluctuations and upcoming Federal Reserve decisions.

Mortgages 52

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

Marco Santarelli

AUGUST 18, 2024

As of today, August 18, 2024, mortgage rates are creating waves in the real estate market, sparking interest among homebuyers and homeowners considering refinancing. With experts predicting further drops in mortgage rates, understanding the landscape is more critical than ever. Each option has its merits.

Mortgages 52

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

HomeLight

JUNE 16, 2023

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. In some instances, prioritizing paying off your high-interest debt over your fixed-rate mortgage can expedite your journey to financial freedom.

Fixed-rate mortgage 88

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