NOVEMBER 18, 2022 THE MARKET COOLS Freddie Mac has changed the way it calculates the average long-term mortgage rate, so factor that in when you hear the news that this housing market barometer saw its biggest drop in nearly 41 years. Meanwhile, inflation, mortgage rates that have doubled since March, and low inventory are putting the market …
Your Mortgage Price: The Determining Factors This article is originally posted on better.com What You’ll Learn There’s no one biggest factor in determining mortgage price There are many factors that help lenders set interest rates Some of the factors are within your control There are a lot of different factors that decide the price of …
With a PhD in financial economics, Sean Hundtofte is here to help you understand how macro and micro economic forces affect homeownership — from homebuying to real estate to refinancing and beyond. A former research economist for the Federal Reserve Bank of New York, Sean’s goal is to help you make more informed decisions about …
A guide to cash-out refi: using your home to consolidate high-interest debt Read More »
