Author: badmortgage
(TNND) — Mortgage rates have been on a five-week increase since dropping below 6% for the first time in three and a half years in late February.The weekly update from Freddie Mac showed 30-Year fixed-rate mortgages averaging 6.46%, up from 5.98% in the last week of February.The 15-year fixed-rate mortgage has also increased over the last month.The rising mortgage rates threaten to pour cold water on the spring homebuying season.And their rise coincided with the start of the war in Iran.Bankrate senior economic analyst Mark Hamrick said even a modest increase in mortgage rates can add $100 or more per…
KIAWAH ISLAND, S.C., April 3, 2026 /PRNewswire/ — A New Article Outlines the Rental Zone Rules, Licensing Requirements, and Key Considerations for Buyers on Kiawah Island.Is Kiawah Island short-term rental income possible for buyers eyeing one of South Carolina’s most desirable coastal markets? HelloNation has published an article that answers that question and walks prospective buyers through the rules, licensing requirements, and neighborhood-level distinctions that determine whether a property qualifies. Andy Herring, Realtor The HelloNation article explains that short-term rentals are permitted on Kiawah Island, but that eligibility depends on more than just the type of property. The island follows a rental…
Uneven mortgage interest rates are a concern for borrowers this spring homebuying season. Ekaterina Chizhevskaya/Getty Images The spring has traditionally been considered one of the best times to buy a home. The weather is warmer, it’s easier to house hunt, and for parents, strategic timing can often result in a closing by the summer and moving before the new school year begins. However, the interest rate climate many homebuyers find themselves in this spring now seems less advantageous than it was just six weeks ago, approximately. Mortgage interest rates ticked up in March thanks to a combination of uneven economic…
The Cook County Board of Commissioner held a special meeting on April 3 to consider and vote on a short list of items. The board talked about a new cleaning contract for the YMCA, issuing a permit to Arrowhead AED for a raffle, and approving a loan agreement with the Cook County Economic Development Authority (EDA). Board Chair Ginny Storlie was absent, so Vice-Chair Dave Mills filled in to facilitate the meeting. The Arrowhead AED raffle permit passed with relatively little discussion, but both other items prompted conversation from the commissioners. While the YMCA contract and EDA loan agreement were…
The Tunnels to Towers Foundation has fully paid off the mortgage of a Gold Star family from Killeen. KILLEEN, Texas — A national nonprofit organization has paid off the mortgage of a Killeen Gold Star family in honor of Gold Star Spouses Day. The Tunnels to Towers Foundation has announced that it has paid in full the mortgage of the Gold Star family of Army Staff Sergeant Louis DePan. The Tunnels to Towers Gold Star Family Home Program is meant to “honor the legacy of those who made the ultimate sacrifice” in service to the United States by providing mortgage-free…
M2 Communities CEO Mitch Roschelle breaks down rising mortgage rates as war-driven inflation hits affordability and raises questions about when relief may come on ‘Varney & Co.’
RINGGOLD, GA / ACCESS Newswire / April 3, 2026 / CMG Home Loans, the retail arm of the well-capitalized and privately held mortgage lender, CMG Financial, announced today the addition of a new group: Rogers Lending Team. The team will be led by Hannah Rogers (NMLS ID# 1670130), a Georgia-based mortgage professional with nearly a decade of experience supporting home buyers through the financing process. A graduate of Tennessee Technological University, Rogers began her career in real estate with Keller Williams, where she developed a strong foundation working directly with home buyers. She later transitioned into mortgage lending, joining Movement…
SOME CARD INFO MAY BE OUTDATED This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has not been provided or reviewed by the card issuer. Weekly mortgage rates stayed largely flat, breaking a six-week streak of increases. Rates remain stubbornly elevated compared to where they were at the beginning of 2026. On a day-to-day basis, the average 30-year rate has been flirting with 6.5% APR. If it does reach that threshold, it will be for the first time since September 2025. The average 30-year fixed mortgage rate dropped one basis…
The U.S. economy added 178,000 jobs in March, potentially bringing good news for household formation and mobility. But the momentum may not continue into April.A surprisingly strong March jobs report could bring good news for the spring homebuying season — but only if it marks the start of a sustained trend.What the March jobs report says: The U.S. economy added 178,000 jobs in March, slightly knocking the unemployment rate down from 4.4% in February to 4.3%, according to the U.S. Bureau of Labor Statistics. Year-over-year wage growth was 3.5%, outpacing inflation — a factor that could help improve housing affordability.Strong…
Average mortgage rates today Freddie Mac’s average rate for a 30-year fixed-rate loan increased to 6.46% for the week ending April 2.Daily mortgage rates held steady today. Money’s daily rate survey shows the 30-year rate at 6.58%.Mortgage rates are likely to remain in the mid- to high-6% range for the time being.Mortgage rates updated daily, Monday through Friday; last updated April 2, 2026 Mortgage rate trends Rates remain elevated compared to a month ago. The ongoing conflict in the Middle East is raising fears of rising oil and consumer prices. These fears, in turn, are causing Treasury yields to rise…