Rocket mortgage fieldhouse articles
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Today's 30-year mortgage rates plummet while 15-year mortgage rates rise | May 1, 2024
The interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 1, which is 0.375 percentage points lower than yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.625%, which is 0.125 percentage points higher than yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying for a loan. It’s also important to compare different lenders’ current interest rates, terms, and fees to ensure you get the best deal. Rates last...
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May the 4th Be with You in Rocket League
My other ride is a Millennium Falcon
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Should I Pay Off My Mortgage Before Retirement or Invest?
Inflation hits people on a fixed income the hardest. Say you’re retired. You’re living off a pension or Social Security (plus drawing down your retirement investments, which include plenty of bonds). It hurts when your dollar keeps losing purchasing power. It can be scary to be in that situation with a large mortgage obligation. So […]