are mortgage rates heading down

are mortgage rates heading down

Mortgage Rates Myths vs Reality for First‑Time Buyers

Mortgage rates are not on a steady slide toward 3%; they are hovering around 6.5% with modest week-to-week fluctuations. A tiny bump at week’s close can shift savings by a few hundred dollars over a loan’s life, especially for first-time buyers. Applications for mortgages jumped 12% last