by Chris Kobz, SVP & Director of California Employee Loan Program | Sep 10, 2024 | Market Update, Mortgage Rates, Real Estate
Did you hear? Mortgage rates are at a 15-month low right now, and with the Fed cutting rates, they might drop even more. If you’ve been thinking about refinancing your mortgage, this could be a great time to do it and save some money. But before jumping in, let’s...
by Chris Kobz, SVP & Director of California Employee Loan Program | Aug 27, 2024 | First Time Home Buyers, Home Buying, Market Update, Mortgage Rates
Today’s mortgage scene is looking a bit brighter! The average rate for a 30-year fixed mortgage is now 6.51%, a small drop from last week. Meanwhile, the 15-year fixed rate is sitting at 5.91%, also down slightly. With inflation finally cooling off and the job...
by Chris Kobz, SVP & Director of California Employee Loan Program | Feb 8, 2024 | First Time Home Buyers, Home Buying, Mortgage Rates
If you’re in the home-buying market, you’re probably keeping a close eye on mortgage rates. These rates have been on a wild ride in recent years, hitting historic lows, surging, and now gradually coming back down. But what’s driving these...
