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Mortgage Rates Stories

Mortgage Rates: Know When to Lock

If you love gambling but can't afford to fly to Las Vegas, consider floating your mortgage rate. Not locking in a rate is a definite gamble; it ...»

Fed Rate Cuts: How Low can they Go?

Usually, a Fed funds rate cut of even a quarter percentage point is extreme. But within the past few weeks, the Fed has slashed rates by half a ...»

Mortgage Rates Undergo a Transformation

Just as the insurance industry has done in recent years, the mortgage industry is now undergoing a radical transformation in response to its ...»

Advantages and Disadvantages of a 15-Year Mortgage

So you missed out on last spring's ultra-low rates, those dizzying few weeks when 30-year fixed -rate mortgages could be had at interest rates ...»