Tag: Getaloan

Posted on 03/17/2021
Mortgage Rate Update
Based on data compiled by Credible Operations, Inc., current mortgage refinance rates have risen compared to yesterday’s. Average 30-year refinance rates topped 3.250%, the highest seen since May 2020, while 15-and 10-year mortgages continue to hover near record lows. 30-year fixed-rate refinance: 3.250%, Up from 3.125%, +0.125 20-year fixed-rate refinance: 2.875%, Down from 3.000%, -0.125 15-year fixed-rate refinance: 2.500%,...
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Posted on 06/13/2019
Consumers Continue to Overestimate Mortgage Requirements
We've seen consistently in Fannie Mae's National Housing Survey® that the vast majority of Americans prefer homeownership over renting a home; however, many are uncertain or mistaken about the qualifications required to get a mortgage.1,2 Despite increased exposure to credit scores and online resources, consumer understanding about what it takes to qualify for a mortgage has not improved since...
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