If you are planning to buy a home or refinance your existing mortgage in the next decade, you might be wondering what will happen to the mortgage interest rates in the future.... Read more »
Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over. The decline in the 10-year Treasury yield... Read more »
Michigan-based United Wholesale Mortgage (UWM) wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry. The wholesale lender will cover up to... Read more »
Affordability headwinds continued in the mortgage industry with mortgage rate lock volume remaining virtually flat in October. Both purchase and refinance volumes continued to wane in the face of the highest mortgage... Read more »
In a significant turn of events, the 30-year mortgage rate in the United States has experienced its most substantial drop in nearly 16 months. This surprising development comes on the heels of... Read more »
Smart Rate Mortgage, LLC is no longer licensed as a residential mortgage company in Illinois. Meanwhile, Michael Strauss, its only loan officer, now has an inactive status on his license, according to the Illinois Department of... Read more »
Federal Reserve Chair Jerome Powell left the door open to a future interest rate hike on Wednesday, but most housing professionals are hopeful that the Fed may be done hiking interest rates... Read more »
![Mortgage Rate Predictions Next Week & Month [2023]](https://www.noradarealestate.com/wp-content/uploads/2023/10/mortgage-rate-predictions-next-week.jpeg "Mortgage Rate Predictions Next Week & Month [2023]")
Mortgage rates have a significant impact on the real estate market, affecting both buyers and sellers. Even a small shift in interest rates can significantly affect the affordability of homes, monthly payments,... Read more »
If you own a rental property in the U.S., you may be wondering how much tax you have to pay on your rental income. In this blog post, we will answer... Read more »