Save Big Time on a Mortgage Refinance as Rates Hit 3-Year Low

Save Big Time on a Mortgage Refinance as Rates Hit 3-Year Low https://www.vellummortgage.com/wp-content/uploads/2020/02/article_3-year-low-min-1024x536.jpg 1024 536 hooter hooter https://secure.gravatar.com/avatar/b6b81b2395d8fdd21c0e66a79c14ccba?s=96&d=mm&r=g February 28, 2020 January 23, 2021

By: hooter

February 28, 2020

The average rate on the 30-year fixed mortgage just hit 3.49%, according to a survey by Mortgage News Daily. That’s down from 3.8% at the start of January and 4.58% a year ago. About 9.4 million borrowers could save an average $272 per month if…

How Do Interest Rates Affect My Purchase Power?

How Do Interest Rates Affect My Purchase Power? https://www.vellummortgage.com/wp-content/uploads/2020/02/article_ratesandaffordability-min-1024x536.jpg 1024 536 Vellum Mortgage Vellum Mortgage https://secure.gravatar.com/avatar/dee8e5a47d05ab38f02d6bd2713fd0c0?s=96&d=mm&r=g February 13, 2020 January 23, 2021

By: Vellum Mortgage

February 13, 2020

Nothing affects a home’s affordability more than interest rates. After all, we live with the monthly payment, not the amount of the loan. The higher your mortgage rate is, the higher your monthly payments are going to be. Buying power, simply put, is the amount…

February 2020

Save Big Time on a Mortgage Refinance as Rates Hit 3-Year Low

How Do Interest Rates Affect My Purchase Power?