by Cusack Associates | Sep 14, 2023 | Housing Market Updates, Interest Rates, Mortgage Rates
Hey folks, let’s talk mortgages and what’s been happening lately. First off, the big news is that the average contract interest rate for 30-year fixed-rate mortgages, especially those conforming to loan balances of $726,200 or less, took a little dip. It went...
by Cusack Associates | Jul 7, 2023 | Interest Rates, Mortgage Rates
Great news for prospective homebuyers and those looking to refinance! Despite minimal changes in June, mortgage rates, which had surpassed the 6.5% mark in late May, presented some minor dips that motivated borrowers eagerly took advantage of. According to...
by Cusack Associates | Jun 10, 2023 | Loan, Mortgage Rates
If you’re curious about current mortgage rates and what factors can impact them, you’re in the right place. Let’s dive into it with confidence: Economic Climate: Mortgage rates are influenced by the overall economic conditions. When the economy is strong and...
by sanjay.singh@zyprr.com | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...