Fixed mortgage rates stayed in a narrow, historically low, band in February.
It's critically important that people understand and know what their what their credit score is, ... Even if you're not going to buy a home for a year or two, you need to talk to a mortgage banker you trust. They're going to pull what's called a tri-merged credit report.
Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.
Although down somewhat, the purchase market continues to benefit from strong job formation and long-term mortgage rates that have remained within range of 40-year lows.