Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple…
Tag: mortgage
The Reserve Bank extends mortgage holiday, but issues warning to borrowers
© Getty Banks can continue to offer temporary mortgage deferrals to their customers. The Reserve Bank has extended the mortgage deferral scheme – but it comes with a warning to…
4 tips for bagging one of those mortgage rates under 3%
You’ve seen the headlines: With the economy in a COVID-19 tailspin, mortgage rates that have been falling and falling have now reached depths below 3% for a 30-year loan. The…
This is how you get one of those mortgage rates under 3%
You’ve seen the headlines: With the economy in a COVID-19 tailspin, mortgage rates that have been falling and falling have now reached depths below 3% for a 30-year loan. The…
How to get a record-low mortgage rate even if you’re self-employed
If you work for yourself and are thinking about buying a home or refinancing, historically low mortgage rates aren’t out of reach. But first, you have to qualify for the…
More Wells Fargo customers say the bank decided to pause their mortgage payments without asking
In March, Tammi Wilson was checking on her family’s mortgage online at Wells Fargo, when she saw a link to information about COVID-19 on the bank’s website. After clicking through,…