November’s job growth outpaced October, indicating that the economy is growing at a healthy pace and should continue to do so. There were 178,000 jobs added in November, a sharp […]
Continuing a 2016 trend, mortgages in October closed at the highest clip in the past 16 months. Of all mortgages applications in October, exactly 73% of them closed, meaning the […]
Jobs continued to be added at an encouraging pace in October, although the number of added jobs was slightly below what was expected. There were 161,000 jobs added to the […]
After rising steadily for the past week, mortgage rates fell back to lower levels after the Federal Open Market Committee (FOMC) adjourned their meeting. Rates dropped after the Fed decided […]
Mortgage rates have been dropping steadily over the past few months, and refinancers have been taking advantage of them. Refinances continue to grow in popularity across the country. In September, […]
While it wasn’t as strong as early forecasts predicted, job growth in September still showed signs of strength in the economy. The positive numbers could play a role in determining […]
After their two-day meeting came to a close, the Fed announced their decision to maintain the current federal funds rate. The decision wasn’t largely a surprise, but based on votes […]
Following weeks of lowering rates, the month of August had the lowest average mortgage rate in well over one year. The average closing rate for a 30-year fixed rate mortgage […]
While there was a decent amount of job growth in the month of August, it may not be enough to push mortgage rates higher. On the contrary, mortgage rates could […]
Mortgages were more likely to close in the month of July than they have been for the past 16 months. Almost 72 percent of all mortgage applications closed last month. […]