Jeff Ostrowski has closely covered two nationwide housing booms and one devastating bust. Before joining Bankrate in 2020, he spent more than 20 years writing about real estate, business, the economy and politics. He previously worked as a reporter at the Palm Beach Post and the South Florida Business Journal.
Since 2019, Jeff has served on the board of the nonprofit National Association of Real Estate Editors. He twice has won gold awards in the group’s journalism contest. His Bankrate coverage of housing affordability was also honored with a Best in Business award from the Society for Advancing Business Editing and Writing.
When he’s not working, Jeff enjoys surfing, biking and traveling, usually with a surfboard or bike.
Jeff is the author of How to Buy a Home in a Miserable Market, available in paperback and e-book on Amazon.
When you’re applying for a mortgage, shop around and do your homework — informed borrowers can save thousands of dollars over the life of their loan. Don’t fixate on finding the absolute perfect option, though, or timing your loan to a low point for mortgage rates. If you’re borrowing now, mortgage rates could go down in the future. Avoid worrying about all those things that are both out of your control and impossible to predict.
Today's average 30-year fixed-mortgage rate is 7.03, the average rate you'll pay for a 15-year fixed mortgage is 6.34 percent, and the average 5/1 ARM rate is 6.55 percent.
Bankrate’s Greg McBride and others weigh in on what to expect for mortgage rates in January 2025 and beyond.
The housing market keeps defying expectations. But experts agree that a crash is not imminent.
Mortgage borrowers with low down payments are paying less for that ri
Today's average 30-year fixed-mortgage rate is 7.04, the average rate for the benchmark 15-year fixed mortgage is 6.35 percent, and the average rate on a 5/1 adjustable rate mortgage is 6.51 percent.
Home prices keep growing, but have slowed their pace a bit.
Bankrate Chief Financial Analyst Greg McBride shares his take on what will happen to mortgage rates in 2025.
They both related to property ownership, but one is a physical thing and the other is abstract.
A tug of war is playing out in the mortgage market. Inflation is pushing rates up, while fears of a recession are pulling them back down.
Until inflation is tamed, mortgage rates are likely to keep rising.
The highest inflation in decades will push rates up. But will war in Ukraine pull rates back down?
Mortgage rates are unlikely to fall to 2021 levels, but the big moves could be over for now.
Some options if you want a house but your savings are small.
It’s a mortgage has to adhere to certain standards — to protect both you and the lender.
