Summary: The national response to the COVID-19 outbreak has driven mortgage interest rates to record lows. States are making every effort to keep the real estate transactions moving along. Home owners should refinance if the savings are significant and their…
Summary: VA loans are highly beneficial to veterans who qualify, mainly because of the option to put no money down. This is a big attraction to these loans, but some may be worried that sellers may not be open to…
Mortgage giant Freddie Mac regularly tracks and reports on average mortgage rates. Their most recent report, on May 12, 2016, notes that average rates have dipped to 3.57%. On the same date in 2015, they reported average rates of 3.85%--more…