About Peter G. Miller

Peter G. Miller is a nationally-syndicated real estate columnist who appears in dozens of newspapers as well as the author of seven books published originally by Harper & Row. You can find him on Twitter, MuckRack, The Mortgage Reports, Huffpost, Linkedin, Think Realty and more.

What Are Today’s Best Refinance Mortgage Rates?

best refinance mortgage rates

Refinance mortgage rates in May 2025 remain elevated compared to the ultra-low levels during the Pandemic but they have eased off their late-2023 peaks. Homeowners looking to secure a mortgage refinance can expect average rates slightly below 7% for a 30-year fixed and about 6.3% for a 15-year fixed mortgage. Adjustable-rate refinance loans offer slightly… Read More »

Good Income, Little Savings? Mortgages with Little Down

Down payments are a big hurdle for many home buyers. Monthly mortgage costs are affordable but down payments are a hurdle. The good news is that there are ways around down payment roadblocks, you don’t have to be a victim of old-fashioned down payment requirements. The 20% standard Down payments have been a barrier to… Read More »

How to Engineer Lower Mortgage Rates

When it comes to mortgage rates no one knows what the future will bring. There is no better example than 2021. Many economists forecast mortgage rates of 5.5% and even more. What really happened was that rates went down. According to Freddie Mac, for the first 9 months of 2021 mortgage rates averaged 3.95% and… Read More »

Should You Get a Bank Statement Mortgage?

Mortgage Refinancing up to 100%

Bank statement mortgages are becoming more common, loans where monthly bank statements can be used instead of tax returns to support a mortgage application. There is new evidence that bank statements can lead to better credit scores for many borrowers, especially those with lower credit scores. In turn, better credit scores can mean reduced mortgage… Read More »

Shouldn’t FHA Mortgages Be Cheaper?

low income home loans

FHA mortgages should cost less. This is a government program that churns out billions of dollars in annual surpluses, money that comes from borrowers. If FHA mortgage loans were less costly then more people – especially first-time buyers – could buy homes. That would be great for buyers and also sellers, lenders, and brokers. It… Read More »