Redwood Realty

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Expect the 10-year yield to rise to at least 1.8% by early next year. The rise in the 10-year rate will also push up mortgage rates, from 2.9% currently to 3.3% by early next year.

Interest Rates: Long-Expected Fed Taper Coming in November | Kiplinger Kiplinger’s latest forecast on interest rates

Considering a refinance? Now is the time! Loans have until December 1st, 2020 to close without the added mortgage insurance .5% for adverse markets. If you have a lender you love, tag them here.

Refinancing just got more expensive, thanks to this new fee | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports A new fee will be added to conventional mortgage refinances on September 1. Will this mean higher refinance rates? For some, it's likely.

Stuck doing or ? Might be time to log in and view your current mortgage interest rate and seeing if it’s worth a refinance. Rule of thumb is that if you can save .5% or more on a 30 year fixed interest rate, it’s worth it. Also, the bonus is usually 2 months without paying a mortgage payment! 😁
Check out todays rates:
https://www.bankrate.com

What the New Coronavirus Means for Your Home Loan and Mortgage Rates Since March 3, the Fed has made two emergency rate cuts, for a total drop of 1.5 percentage points. What does this mean for mortgage shoppers?