Mortgage Rates

Sept. 29, 2024

Buying Beats Renting in 22 Major U.S. Cities

Buying Beats Renting in 22 Major U.S. Cities

Things are moving fast, and your area might be joining these top metros soon.

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):

As mortgage rates have eased …

View More
Sept. 27, 2024

Buy Now, or Wait?

Buy Now, or Wait?

If you are torn between buying a home now or waiting, you are not alone. It is one of the biggest questions buyers face, and the answer is about more than today's mortgage rate headline — the infographic above walks through the key things worth weighing.

What Waiting …

View More
Sept. 20, 2024

Lower Mortgage Rates Boost Your Buying Power

Lower Mortgage Rates Boost Your Buying Power

Some Highlights

  • Mortgage rates are trending down and that’s great news for your bottom line.
  • As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.
  • If you …
View More
Sept. 19, 2024

Falling Mortgage Rates Are Bringing Buyers Back

Falling Mortgage Rates Are Bringing Buyers Back

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to …

View More
Sept. 17, 2024

Mortgage Rates Drop to Lowest Level in over a Year and a Half

Mortgage Rates Drop to Lowest Level in over a Year and a Half

Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment.

Even a small decline in rates could help you get a better monthly payment than you would expect …

View More