Qwest Credit Enhancement

Tuesday, June 16, 2020

Mortgage Rates Slightly Higher, But Still Near All-Time Lows

Mortgage rates were slightly higher today for the average lender. Additionally, some lenders bumped rates a bit in the middle of the day in response to weakness in the bond market. That weakness is increasingly tied to broad movement playing out across markets as they respond to coronavirus implications.

With several states seeing rising numbers of cases, stocks and rates (via the bond market) moved lower in unison in pre-market trading. This is what allowed mortgage rates to begin the day relatively close to last week’s all-time lows. As the day progressed, the trend shifted toward modestly higher rates and higher stock prices (i.e. risk tolerance improved after investors began the day cautiously).

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Wednesday, June 10, 2020

Credit Score Outta Shape

#creditrepair #creditscores #credithelp #mortgage #mortgagecredit #realestate

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Tuesday, June 9, 2020

Mortgage Rates Starting Strong This Week

After moving higher at a fairly quick pace last by last Friday, mortgage rates are off to a better start this week. Rates remain noticeably higher versus the best recent levels, seen on June 1st and 2nd, but the average lender offered slightly lower rates this morning and then ended up offering a mid-day price improvement as well.

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Thursday, June 4, 2020

The average mortgage interest rate by state, credit score, year, and loan type

Mortgage interest rates are always changing, and there are a lot of factors that can sway your interest rate. While some of them are personal factors you have control over, and some aren’t, it’s important to know what your interest rate could look like as you start the getting a home loan.

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