Mortgage

We Gave Up a 2.75% Mortgage Rate to Buy a New House, and We Have No Regrets

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If you’re a fellow Zillow doom-scroller, you’ve probably noticed that home prices rise over time. Sometimes the cost of housing skyrockets during economic booms or dips during downturns, but generally, home prices go up a few percentage points a year. My husband and I had put off buying our “forever home” for some time, holding … Read more

Mortgage Predictions: Slight Dips in Rates Won’t Improve Housing Affordability

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If the headlines say mortgage rates are the lowest in months, that doesn’t always mean the drop was significant. The recent decline in average 30-year fixed mortgage rates, from above 7% to around 6.9%based on Bankrate data, won’t shake up the housing market. Prospective homebuyers are still playing the waiting game. For the week ending … Read more