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US 30-year mortgage rates fall to two-year low of 6.15%


US 30-year mortgage rates fall to two-year low of 6.15%

By Ann Saphir (Reuters) – The interest rate on the most popular home loan in the United States fell to its lowest in two years last week, amid expectations that the Federal Reserve will begin cutting interest rates on Wednesday, possibly by as much as half a percentage point. The average contract interest rate for […]

US 30-year mortgage rates fall to two-year low of 6.15%


US 30-year mortgage rates fall to two-year low of 6.15%

By Ann Saphir (Reuters) – The interest rate on the most popular home loan in the United States fell to its lowest in two years last week, amid expectations that the Federal Reserve will begin cutting interest rates on Wednesday, possibly by as much as half a percentage point. The average contract interest rate for […]

What are the pros and cons of refinancing your home? What you should know


What are the pros and cons of refinancing your home? What you should know

Selling your house? Avoid advertising in winter When is the best time to list your home for sale? There is general consensus about when you should list your home for sale. With interest rates falling, homeowners are now trying to refinance their mortgages in droves in the hope of reducing their mortgage debt by trading […]