Staying on top of important industry updates, guidelines and programs is essential for both homeowners and homebuyers.
After several months of significant declines partly due to soaring mortgage rates, the National Association of Home Builders released their monthly survey today which should a small increase in builder confidence. According to the association declining … Read more
According to a recent survey from the National Association of Realtors; 75% of non-homeowners said owning a home was still an important part of the “American Dream”. 90% of current homeowners said owning a home was … Read more
The CPI report was issued earlier this morning and the numbers came in as expected. This report showed that inflation is not higher than what the market had already anticipated and Mortgage Backed Securities/mortgage rates prefer … Read more
Per Freddie Mac the average mortgage rate fell to 4.45% with an average of 0.50 a point. It’s a big move down from last weeks 4.51% level. It’s the first time it’s been below 4.50% since … Read more
Not too long ago we were in the midst of a debt crisis. It was 2008 and according to some we were days away from the ATM’s not working. Lenders were failing, banks were failing even … Read more
According to Zillow government employees affected by the shutdown have a combined monthly mortgage bill of $249,000,000.00. The longer the shutdown goes on the more difficult it is for those families to pay their mortgage. Hopefully … Read more
Should You Be Concerned? A concern is growing among homeowners, homebuyers and realtors – will this current government shutdown prevent borrowers from closing their mortgage on time? The quick answer is not yet. If you are … Read more