March 21, 2013, 7:17 pm — By

According to Freddie Mac, the average rates for 30-year fixed mortgages fell to 3.54% this week compared to 3.63% last week. The decline kept mortgage rates close to the recent historic lows, a trend which has helped support the continuing housing recovery in the U.S. The current rates are near last November’s low...

March 20, 2013, 9:22 pm — By

Last month more than one-third of homes listed were sold within two weeks, according to the recent monthly housing report from Redfin. The report covered 19 different metro areas across the country and revealed that on average, 34% of homes were under contract within 14 days of being listed. This was an increase from January’s...

March 19, 2013, 4:59 pm — By

After continuing signs of an improving U.S. economy mortgage rates have been on the rise. Last week, interest rates on 30-year fixed rate mortgages reached their highest level in over six months, to an average of 3.63%. They were at 3.52% the previous week and 3.92% a year ago. According to CNN Money, this increased mortgage...

November 26, 2012, 9:37 pm — By

If you are a consistent reader of our MoreLoans4U mortgage marketing blog, you have no doubt seen our recent posts about the historically low mortgage rates our industry has seen over the last months. That trend has continued through November, and mortgage rates have hit yet another historic record low. According to Freddie...

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November 8, 2012, 7:41 pm — By
August 27, 2012, 7:14 pm — By

Last week on our blog, we discussed how mortgage rates had risen for the third straight week after previously setting all-time record lows. This begs the question, what are the driving forces behind the rise in mortgage rates? A recent article from TheStreet.com takes a look at 3 different reasons for the rising mortgage...

August 21, 2012, 6:50 pm — By

According to Freddie Mac’s weekly survey released August 16th, fixed mortgage rates rose for the third straight week after previously setting all-time lows, with the typical 30-year rate increasing from 3.59% to 3.62%. As the economy continues its staggered improvement, demand decreases for the securities issued...

July 10, 2012, 5:29 pm — By

Looking for some good news?! According to the State of The Nation’s Housing 2012 report, by the Joint Center for Housing Studies of Harvard University, the U.S. housing market is showing promising signs of revival! The following chart illustrates how the the cost of owning a home has declined over the last 20 years, making...

July 3, 2012, 7:26 pm — By

A recent article on Bloomberg News illustrates how Buyers are taking advantage of low interest rates to purchase new homes or refinance their mortgages. According to the article, sales of existing homes were up 9.6 percent in May compared to a year ago, with 4.6 million homes changing hands at a seasonally adjusted annual...

May 22, 2012, 6:24 pm — By

We are excited to announce that we will be showcased at the MoreLoans4U Loan Officer mortgage marketing solution at the upcoming Mortgage Tech Summit in Denver, Colorado! As one of our valued readers, you can register for this event and receive a 10% discount by using the code at the bottom of this page! Taking place on...