Mortgage Rate Articles

What Hurricane Harvey means for real estate and mortgage rates

Hurricane Harvey has left our Houston and Texas communities with significant recovery and restoration needs. As attorneys, we struggle with how we can be most helpful. It is in this spirit, that we have compiled this Special Alert to help our clients, friends, family and community.

mortgage rates today, February 5, plus lock recommendations Mortgage rates today. Financial data that affect today’s mortgage rates. Today’s early data mostly point to increasing mortgage rates. major stock indexes opened slightly higher (slightly bad for rates, because rising stocks typically take interest rates with them – making it more expensive to borrow ) Gold prices rose $4 an ounce to.

 · The Internal Revenue Service yesterday made it easier for victims of Hurricane Harvey and their family members to tap their retirement savings for flood-related expenses. But is it a good idea to raid funds you’ve saved for the future? Most 401(k) plans already allow participants to take loans and hardship distributions.

The worldwide supply and demand for money determines what we pay for all kinds of financing, including mortgages. As much as Hurricane Harvey was a huge event, its impact on mortgage rates has been minimal. Freddie Mac reports that prime mortgage rates were 3.86 percent for the week of August 24th just before the storm.

Hurricane Harvey was the most powerful hurricane to hit Texas in decades. It has killed at least 70 people and flooded some 200,000 homes in the Houston area. texas governor greg Abbott says that damage could cost between 150 to 180 billion dollars.

Mortgage rates today, November 17, plus lock recommendations When the economy heats up, bond price drop.Mortgage rates today, December 28, 2018, plus lock recommendations.. mortgage rates today, December 28, 2018, plus lock recommendations. or a 30-day into a 15-day lock). If closing soon, current rates are attractive enough to feel good about.

 · Commercial Real Estate After Hurricane Harvey Commercial real estate after Hurricane Harvey has begun its recovery. The strongest storm to clobber the Houston region since 1961 dumped more than 50 inches of rain in a matter of days wreaking extensive property damage from.

Hurricane Harvey. a real estate information company that uses data to pair homebuyers and sellers with real estate agents. While Houston has since managed to return to prehurricane sale rates per.

According to the Mortgage Bankers Association, delinquency rates for U.S. mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 5.17 percent of all loans outstanding at the end of the fourth quarter of 2017.

Mortgage rates today, May 2, 2018, plus lock recommendations Mortgage rates today, October 24, plus lock recommendations Mortgage rates today, May 24, 2019, plus lock recommendations. – Show Me Today’s Rates (May 24, 2019) Mortgage rate methodology. The mortgage reports receives rates based on selected criteria from multiple lending partners each day. We arrive at an average rate and APR for each loan type to display in our chart.Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase.. mortgage rates today, October 17, 2018, plus lock. Mortgage rate locks typically last from 30 to 60 days, though they can also last 120 days or more.

 · The last time a major hurricane struck Miami directly, in 1926, it left almost 400 people dead, making it one of the 10 deadliest hurricanes on the record books in the United States. Yet that.

For these reasons, private mortgage loans generally carry a higher-than-market interest rate. It is this high interest. Consumer Financial protection bureau web sites. harvey S. Jacobs is a real.