Last week’s economic news included reporting on construction spending, the Federal Reserve’s decision to raise its benchmark interest rate, and weekly readings on mortgage rates and jobless claims.
Understand Your Options When You Refinance A Home Loan
Are you interested in refinancing your mortgage? There are a variety of reasons why you might want to refinance your home loan.
What’s Ahead For Mortgage Rates This Week – April 3, 2023
Last week’s economic reporting included readings on home prices, inflation, and pending home sales. Weekly readings on mortgage rates and jobless claims were also published.
What’s Ahead For Mortgage Rates This Week – March 27, 2023
Last week’s financial and economic reporting included readings on sales of new and previously-owned homes, along with weekly data on mortgage rates and jobless claims.
Mortgage Interest Rate Versus APR: What To Know
When you go through the process of applying for a mortgage, you need to make sure you understand all of the terms on the page. Two of the most common numbers you will come across include the mortgage rate and the APR. Many people associate both of these numbers with interest rates, but you will probably notice that they are not quite the same. What are the differences between these two numbers, and how are they going to impact your mortgage loan?
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