Time for Good News – Happy Events in the World of Mortgages – Rate Zip

Happy New Year! One of the most common questions people wonder when considering buying a home is, "Is now a good time?" It is a valid question, as buying a home is a huge financial commitment and so many different things play into the housing market. Well, we have great news for you: 2016 is the best year to buy a home. Jan 14, 2016

The best-buy super-cheap mortgages at sub-2% are low in anyone’s book. Of course, there is a very good reason for such cheap mortgage rates, and it’s not the lenders being generous. It’s the fact that the Bank of England Base Rate has been at a record low of 0.5% for the last 13 months.

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Perfect time to lock in a rate With mortgage rates continuing to hang around some of the lowest levels of 2017, right now is the perfect time to lock in a rate on a purchase or refinance. The long-term projection is for rates to rise so borrowers who act sooner rather than later are likely to get the better deal.

If they’re right again, it’ll be more good news for both prospective and existing homeowners. 2018 mortgage rate Forecast from Freddie Mac. Now let’s take a look at brother freddie mac’s forecast, which you might want to pay close attention to seeing that they release the bellwether mortgage rate survey every week.

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While that’s good news for many, it’s also resulted in tens of millions. was boosted to $8,000 from $5,000. At the same time, the state allowed more seniors to qualify for a break that freezes the.

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Time for Good News – Happy Events in the World of Mortgages Written by Kathleen Heck on March 11, 2019 Time for Good News. I feel very strongly that it is definitely time for good news. Isn’t it always? Today, we’re focused on what, to some, may not be a natural — good news related to mortgages!

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