How near-historic low mortgage rates, fewer homes for sale and bidding wars are driving the housing market during the pandemic. I joined CBS This Morning to discuss how homebuyers can navigate the process.
Almost 63% of mortgage applicants are homeowners looking to refinance. I joined CBS This Morning to explain how low mortgage rates could help homeowners cut their costs.
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Last week, the Federal Reserve decided not to raise interest rates. The more dovish Fed outlook pushed down interest rates, which led mortgage rates to 14-month lows. The current 30-year fixed rate loan stands at just under 4.3 percent, just in time for the spring home buying season. I joined CBS This Morning to discuss.
Have a money question? Email me here.