A guide to mortgage interest rates

Buying a home is the most expensive purchase many people make in their lifetime. Some people do it only once, while others are in the market with greater frequency. In any instance when the home buying process involves securing a mortgage, buyers can …

Comings & Goings: La Fonda, Mariscos La Apoma, LoanSuite Mortgage, Kidisthenics, U-Haul

La Fonda Restaurant and Tortilla Factory, located at 1095 S. 3rd Ave., has closed its doors yet again. Founded in 1940 by Severo and Gloria Hurtado, La Fonda began as a tortilla and tamale factory before becoming a full restaurant. Then Frank and Connie …

What are reserves for a mortgage?

Mortgage reserves are cash or other easily accessible assets you could use to make mortgage payments, above and beyond your down payment and closing costs. Reserves are measured in months. Six months of reserves means six months’ worth of mortgage payments …

The labor market is still keeping mortgage rates elevated

10-year yield and mortgage rates In my 2025 forecast, I anticipated the following ranges: Mortgage rates will be between 5.75% and 7.25% The 10-year yield will fluctuate between 3.80% and 4.70% Two jobs Fridays ago, I discussed that if the Godzilla tariffs …

Ujjain: City Businessman Cheated Of ₹1Crore On Fake Gold Mortgage Pretext

Ujjain: City Businessman Cheated Of ₹1Crore On Fake Gold Mortgage Pretext | File Pic (Representative Image) Ujjain (Madhya Pradesh): A Dubai-based businessman domicile of Ujjain was cheated in the name of mortgaging fake gold worth more than Rs one crore. …

Is a recession on the way? What this could mean for your mortgage

The Daily Beast President Donald Trump is being ripped to shreds after he bragged—by all accounts, erroneously—that gas prices had cratered to less than $2 per gallon. “Gasoline just broke $1.98 a Gallon, lowest in years,” Trump wrote on Truth Social this …

My grandma left me her home but I struggle to pay the mortgage on my $36K salary — is selling my only option?

Inheriting a home can be a great thing — but it can also come with problems if you don't have the money to pay for it. Let's say you have a $36,000 per year job, and the home has a $1,100 mortgage — but property taxes and insurance also must be …

U.S. mortgage rates drop again (See where they stand)

Mortgage and refinance interest rates today, May 2, 2025: Rates are notably lower than last year

Mortgage interest rates have decreased this week. According to Freddie Mac, the national average 30-year fixed mortgage rate has fallen by five basis points to 6.76%, and the 15-year fixed rate is down two basis points to 5.92%. These declines may seem …

Broker in Focus: William Chen, Pacific Mortgage Centre

How and when did you become a mortgage broker? Looking back, I often wonder where I found the courage to make the leap into broking. Much of that courage, I believe, came from my father — though that’s a longer story for another time. I was about a year …