Industry News

Mortgage rates hold near recent lows, a lonely bit of good news for the housing market

Tom Oslund

So far this year, the 30-year fixed has averaged 4.54%, up from 3.99% in 2017

Rates for home loans held near two-month lows in the most recent week, another chance for would-be home buyers to get a foot in the door of the troubling housing market.

The 30-year fixed-rate mortgage averaged 4.81% in the Nov. 29 week, unchanged from the week before, mortgage liquidity provider ...

9 ways to pull together the down payment for a home

Tom Oslund

The easy way to get preapproved for a mortgage

Tom Oslund

Preapproval is how much a lender is willing to lend you to purchase a home, based on your credit and financial strength. While preapproval is just an estimate of how much mortgage you can afford, it’s one of the most important steps in the home-buying process. With a preapproval letter in hand, you can demonstrate to any real estate agent that you have the ability to pay for a house he or she...

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