Mortgages

July 26, 2019

Should I Wait For Mortgage Rates To Fall Further?

Should I Wait For Mortgage Rates To Fall Further?

Falling mortgage rates have been in the news again, having sunk to a near three year low.

With so much good news on rates in recent months, a lot of buyers are asking if they have much further to fall, some perhaps reasoning that playing a waiting game might yield ...

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June 20, 2019

Why Current Ultra-Low Mortgage Rates Present A Rare Home Ownership Opportunity

Why Current Ultra-Low Mortgage Rates Present A Rare Home Ownership Opportunity

If you've been thinking about home ownership, or contemplating a move, you owe it to yourself to seriously consider the fantastic opportunity right now.

Mortgage rates have been steadily falling since their multi-year peak of last November, when a 30 year fixed loan averaged 4.87%.

In recent weeks ...

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May 22, 2019

The Importance of Being Pre-Approved for a Mortgage

The Importance of Being Pre-Approved for a Mortgage

Many home buyers make the mistake of believing that being pre-qualified and pre-approved for a home loan are the same.

In fact, there are vital distinctions between them and it's important to understand why pre-approval is so preferable.

Pre-qualification is nothing more than a lender's estimate of an ...

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April 16, 2019

Lower Mortgage Rates Point To A Busy Spring Homes Market

Lower Mortgage Rates Point To A Busy Spring Homes Market

With almost perfect timing, the beginning of the busy spring buying season has seen the lowest mortgage rates for over a year.

Just three weeks ago, 30 year fixed rate home loans saw the biggest single week decline in over a decade!

The positive results of this are already being ...

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Oct. 29, 2018

Mortgage Rate Trends - What's Next?

Mortgage Rate Trends - What's Next?

Recent weeks have seen further rises in mortgage rates and, naturally, this is a key focus for home buyers and sellers.

Real estate is driven by supply and demand. Demand is largely driven by buyers' ability to borrow money. As interest rates go up the demand side of real estate ...

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April 6, 2017

What's Happening to Mortgage Rates?

News from The Novello Group - What's Happening to Mortgage Rates?

What's Happening to
Mortgage Rates?


One of the most frequent questions I'm being asked by clients at the moment is what is going to happen next to mortgage rates?

Following a steady, though hardly dramatic, increase in ...

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