Mortgage rates hold steady after early March drop

Mortgage rates hold steady after early March drop

This decline provided a boost to the housing market—new home sales increased 5.1% year-over-year in February, while the participation of first-time homebuyer of existing homes rose 26% over the same period.

2025 housing market: Is it a good time to buy a house?

Good news home buyers, there’s economic uncertainty. Wait, what? The threat that tariffs may resurrect inflation combined with worries about layoffs is certainly not pleasant to hear. However, it’s the kind of pressure that puts a lid on mortgage rates. No one is predicting home loan interest rates to plummet, yet anything under 7% is still below the 50-year average for 30-year mortgage rates. Considering all of the factors that exist in the 202…

Should I Wait for Mortgage Rates to Drop Before Buying a Home? - The Truth About Mortgage

I’ve seen a lot of posts lately on social media talking about waiting for mortgage rates to drop before buying a home. Or conversely, NOT waiting for mortgage rates to drop before buying a home. The typical argument, when it comes from an interested party, such as a real estate agent or loan officer, is… Read More »Should I Wait for Mortgage Rates to Drop Before Buying a Home? The post Should I Wait for Mortgage Rates to Drop Before Buying a Hom…