Mortgage Rate Winning Streak Continues

After topping out on May 21st, the average day for mortgage rates has been a good one.  This has been especially true since June 6th with our 30yr fixed index moving down almost 0.25% through this afternoon. Today's gains contributed nicely with a drop of 0.07%. Normally, we'd point to the econ

Lowest Rates in Over 2 Months

The average top tier 30yr fixed mortgage rate had already dipped to the lowest levels since May 1st at the start of the week.  Two additional days of modest improvement brings us to the lowest levels since April 4th as of today.   April 4th is probably a day that's worth remembering.&

Is the 30% Rule Unattainable in 2025? Typical U.S. Household Needs to Spend ~45% of Income to Afford the Median-priced Home

Mortgage Rates Lowest Since April

Yesterday saw mortgage rates fall to the best levels since early May.  Now, today, we'd have to go all the way back to the end of April to find anything lower.  Are the changes massive? Not by a long shot, but it sounds/looks that much better hear/read. This wasn't destined to be the case