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: Rates
With rates under 3%, most mortgages are due for a refinance, study says
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…
With rates under 3%, most mortgages should be refinanced, study says
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…
Negative rates haunt Virgin Money, bank investors
Worsening outlook The BoE’s August Monetary Report notes if rates turn negative then deposit-taking institutions probably can’t take deposit rates below zero in response as customers would hoard physical cash.…
Bank FD interest rates are falling. Where should I invest for 1-2 years?
I am 34 years old. I am a teacher by profession. I put my surplus money in bank FDs. Recently, the banks have cut interest rates for one year FDs…
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…