the INFORMED
LENDING BLOG

Frequently Asked Questions

Welcome to Mortgage 101. Whether you’re a first-timer or just need a refresher, we’ve got the home financing details you’re looking for. This list of FAQs has been curated by our team members, based on common recurring questions. For a deeper dive into the mortgage experience, check out the Informed Lending Blog posts below. Better yet, drop us a line or give us a call at 480-776-2954.

Have we Turned the Corner?

Weekly Newsletter August 5th – 9th Interest Rates 30-yr fixed6.25%15-yr fixed5.99%30-yr fixed FHA6.5%30-yr fixed VA6.5%*These mortgage rates are estimated by a third party using industry averages for owner-occupied properties and …

August Update Highlights

Cromford Market Update with Tina Tamboer, Senior Analyst | The Cromford Report ™ Supply25% below normal16,135 total+62.1% YOYDemand26% below normal-2.8 points MOMAvg LP/$SF – Weekly AverageAll Active $349.85Under $1M $256.48New …

More Good News For Interest Rates!

Weekly Newsletter July 22th-26th Interest Rates – Inflation Week 30-yr fixed6.85%15-yr fixed6.27%30-yr fixed FHA6.76%30-yr fixed VA6.79%*These mortgage rates are estimated by a third party using industry averages for owner-occupied properties …

A Stable Week in Mortgage Rates While the World Is in Chaos

Weekly Newsletter July 15th-19th Interest Rates – Quiet Week 30-yr fixed6.83%15-yr fixed6.31%30-yr fixed FHA6.9%30-yr fixed VA6.79%*These mortgage rates are estimated by a third party using industry averages for owner-occupied properties …

Rate cuts before the Fed hits its target? Markets in a Minute

A quick look at the markets for the week ending July 19, 2024 ‌  30 Year Fixed Mortgage Rate Movement Retail spending held steady in June, as it has throughout the …

Will this week’s cracks in the inflation dam flood the real estate market with transactions?

Weekly Newsletter July 8th-12th Interest Rates 30-yr fixed6.94%15-yr fixed6.41%30-yr fixed FHA6.74%30-yr fixed VA6.79%*These mortgage rates are estimated by a third party using industry averages for owner-occupied properties and do not …

Is the market becoming more buyer friendly? Markets in a Minute

A quick look at the markets for the week ending July 12, 2024 ‌  Consumer inflation data in June saw core prices rise 0.1%, the smallest gain since August 2021, supporting …

‘Merica had fireworks; mortgage rates had sparklers

Weekly Newsletter July 1-5, 2024 Interest Rates 30-yr fixed7.08%15-yr fixed6.53%30-yr fixed FHA6.86%30-yr fixed VA6.82%*These mortgage rates are estimated by a third party using industry averages for owner-occupied properties and do …

Are homeowners thinking of selling any time soon? Markets in a Minute

A quick look at the markets for the week ending July 5, 2024 ‌  According to ADP, private payroll growth edged lower in June. A slowdown in the labor market could …