Since the start of the year, the average 30-year, fixed mortgage rate has been rising, with an increase just this week up to 4.45 percent from 4.44 the week before, according to Freddie Mac’s Primary Mortgage Market Survey® [...]

This week has seen a decrease in mortgage rates with the 30-year, fixed rate averaging 3.0%, down .02% from last week, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac. The 15-year, fixed rate is down from 3.32% to 3.30% as [...]

This the first time this year rates have passed four percent.

What does this mean? Well you can expect a flurry of housing activity, particularly in the refinancing sector, as homeowners around the nation capitalize on the historically low rate.

Mortgage rates continue to fall for the fourth week in a row due to the Fed’s holding its interest rate steady on Wednesday’s FOMC meeting.  

Mortgage rates have been skimming rock bottom for a while now but they have finally started to rise again. Some homebuyers feel they've missed the window of opportunity. However, this is not the case. Here are a few reasons this year is a perfect time to finally become a homeowner.