Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
With mortgage rates in flux, it remains a good time to refinance, but the housing market is a more mixed bag for would-be buyers. Here’s what you need to know about the current climate when it comes to real estate and mortgages.
1. Mortgage rates bumped up this week
After weeks of trending down, mortgage rates bounced 11 basis points to 3.11 percent in Bankrate’s latest survey. Although that’s still quite favorable for most refinancers, it underscores the uncertainty in the market.
Read the story.
2. Another mortgage interest reprieve may loom on the horizon
A plurality of experts in Bankrate’s weekly rate poll expect mortgage interest will taper off in the week ahead, but as usual, hedging abounds. The overarching advice remains: if a refinancing deal or new loan terms make sense for you and your wallet now, don’t wait to see what the market will do.
Read the story.
3. To buy or not to buy? That is the question
I just couldn’t bring myself to not use the cliché. Whether to rent your home or buy is a major decision, and it’s not always clear-cut. Bankrate spoke to a personal finance expert who focuses on advice for younger people to learn about what to consider when it comes to renting versus owning.
Read the story.
4. An iBuyer renaissance
Bucking predictions that they wouldn’t work in a hot seller’s market, iBuyers are gaining traction by slashing fees and making competitive offers. Selling to an iBuyer isn’t right for everyone, but it can make the process more streamlined if you decide it makes sense for you.
Read the story.
5. Why cash buyers should still consider a mortgage
Although buying a home outright with cash can make your offer more competitive in this intense seller’s market, the tactic can also make it more difficult for you to tap into your home equity down the road. Even for some who can afford to buy a home without borrowing, it still makes sense in the long run to finance the deal.
Read the story.
Share