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- 78Ellie May reveals that the millennials have shown robust spirits in July, quite in line with their purchasing highs of May and June. Buoyed by sub-3% mortgage rates, millennials (those between 21 and 40) locked in 3.256% as the average 30-year rate. On the year-over-year chart, the rate stood at…
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- 57Riding on the back of continuing low interest rates, mortgage application volumes saw a spurt after a two-week fall, reports Mortgage Bankers Association. The MBA's Weekly Mortgage Applications Survey reveals that there has been a hike of 6.2% in mortgage application volumes over a week and a 37.1% rise, when…
- 55Starting October 1st, 2020, mortgage refinancing is set to get more expensive thanks to the Federal Housing Finance Agency's (FHFA) 0.5% refinancing fees. Request a Refinancing Rate Quote FHFA initially announced this fee to be implemented in August but delayed the implementation to December 1st after hue and cry from…
- 53There’s no secret to the way our tax system works: If you make money, you owe taxes. However, when the taxes have to be paid depends on whether it’s income from your job or from your investments. While you have to pay the taxes on the money you make from working…