Job growth over the past month exceeded expectations, continuing a trend of the economy growing quicker than expected. For home buyers, this almost certainly means higher mortgage rates. In the […]
January was a strong month for the housing market with existing home sales setting an incredible pace. Last month, there was a 3.3 percent increase in existing home sales. Adjusted […]
January saw a growing economy, some adjustments to President Trump and relatively consistent mortgage rates. Thanks to these factors, as well as others, mortgages continued to close fairly easily in […]
For the first time in five months, people are starting to become more optimistic about the housing market. In fact, those surveyed were optimistic about most economic measures, showing that […]
January saw massive job growth, an encouraging sign for what is generally not one of the busiest months in terms of new jobs. There were 227,000 jobs added to the […]
After their two-day meeting concluded on February 1, the Fed decided to keep their rate the same. While they decided to keep rates the same, they did express optimism about […]
Despite rising mortgage rates, December saw the highest percent of closed mortgage in the past 18 months. Of all mortgage applications, 73.2% of them were approved in the month of […]
December marked another consecutive month of healthy job growth, helping keep the unemployment rate low while wages rise. There were 156,000 jobs added in December, just slightly below the expected […]
Many home buyers noticed the rising rates throughout the month of November. However, some may be surprised to find out that it actually became slightly easier to be qualified for […]
For the first time since December of 2015, the Fed decided to raise the federal funds rate. This is only the second time the Fed has raised rates since 2008, […]