January 10, 2025
The employment data is good news for workers, but it means the Federal Reserve is unlikely to cut rates later this month, keeping borrowing costs elevated. The jobs report released today was good news for Americans and the overall economy… Continue Reading…
National Averages of Lenders’ Best Rates – New Purchase Loan Type New Purchase Rates Daily Change 30-Year Fixed 7.00% +0.01 VA 30-Year Fixed 6.51% No Change 20-Year Fixed 6.88% -0.06 15-Year Fixed 6.16% -0.01 10-Year Fixed 6.13% +0.02 7/6 ARM… Continue Reading…
Getty Images It has not been a good week for Chancellor Rachel Reeves. Government borrowing costs have hit their highest level in 16 years and the pound has fallen to a 14-month low against the dollar. She has gone on… Continue Reading…
loanDepot (NYSE: LDI) has appointed Bart Evans as regional vice president for its Southeastern operations, overseeing Alabama, Arkansas, and Tennessee. Evans, a 20-year mortgage industry veteran and former professional baseball player, will report to Senior… Continue Reading…
The states with the cheapest 30-year new purchase mortgage rates Thursday were New York, Florida, Tennessee, Texas, California, Georgia, North Carolina, and South Carolina. The eight states registered averages between 6.79% and 6.97%. Meanwhile, the states with the highest averages… Continue Reading…
In a significant development for the cryptocurrency market, Dogecoin (DOGE) has witnessed an extraordinary surge in its network activity, marked by a 41% increase in large transaction volume and a 35% spike in daily active addresses. This surge comes amid… Continue Reading…
HOUSTON, Jan. 10, 2025 (GLOBE NEWSWIRE) — Security America Mortgage has announced advancements in services designed to assist veterans in achieving homeownership through innovative VA construction loans. As one of the leading VA construction loan lenders, the organization continues to… Continue Reading…
Mortgage rates are a critical factor when buying a home and can significantly impact your overall financial health. As of January 10, 2025, the mortgage rates have seen a modest increase, with the average 30-year fixed mortgage rate at 6.93% and the 15-year fixed… Continue Reading…
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased… Continue Reading…
High mortgage rates limit sales The rise in interest coincides with a seven-month high in daily average 30-year fixed mortgage rates, which reached 7.17% on January 8. These elevated rates have not deterred all buyers; some are adjusting to the… Continue Reading…