Jeff Ostrowski

Recent Articles By Jeff Ostrowski

• Real Estate

  Housing economist sees recent home price gains as ‘unsustainable’

  The 11 percent jump in home prices in the past year far outpaces income growth.

  5 MIN READ Sep. 26, 2020

  

• Real Estate

  The surprising reasons home prices have held up in this recession

  U.S. home prices rarely fall during recessions, and the latest downturn follows that pattern.

  4 MIN READ Sep. 25, 2020

  

• Mortgages

  30-year mortgage rate holds near record low

  Cheap borrowing costs prevail in Bankrate’s weekly survey of lenders.

  3 MIN READ Sep. 25, 2020

  

• Mortgages

  Mortgage rates remain near record lows as home prices jump

  Mortgage rates rose — just barely — from last week’s record low.

  1 MIN READ Sep. 23, 2020

  

• Mortgages

  Current Mortgage Rates – Mortgage Interest Rates Today

  See rates from our weekly national survey of CDs, mortgages, home equity products, auto loans and credit cards.

  3 MIN READ Sep. 23, 2020

  

• Mortgages

  Adjustable-rate mortgage refinance rates

  What is an adjustable-rate mortgage refinance loan? In today’s historic frenzy of mortgage refinancing, homeowners are swapping out old loans for new ones at low fixed rates. It is possible to refi into [...]

  1 MIN READ Sep. 22, 2020

  

• Mortgages

  5/1 ARM rates

  What is a 5/1 ARM loan? As the name suggests, the interest rate on an adjustable-rate mortgage, or ARM, changes over time. For a five-year ARM, the introductory rate stays the same for five years. Then [...]

  1 MIN READ Sep. 22, 2020

  

• Mortgages

  30-year jumbo mortgage rates

  What is a 30-year jumbo mortgage? If you’re buying an expensive home, you might need a jumbo mortgage. These loans exceed the limits of mortgage giants Freddie Mac and Fannie Mae. For 2020, the cutoff [...]

  1 MIN READ Sep. 23, 2020

  

• Mortgages

  As housing rebounds, non-QM mortgages for business owners make a comeback

  These loans disappeared early in the recession. Now they’re back.

  2 MIN READ Sep. 22, 2020

  

• Mortgages

  The Fed doesn’t directly set mortgage rates, but its near-zero policy is still good for borrowers

  The Fed keeps the party rolling for borrowers.

  3 MIN READ Sep. 18, 2020