Significant events happen in the mortgage market every day. Lending rules change constantly, and rates are always in flux. We give you the news, but also the “so what” factor: how market changes affect your home finance plans. Whether you plan to buy or refinance, our reports will help you make the best decisions and lower your homeownership costs.
February 24, 2017
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 […]
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News · Understanding Mortgages
February 17, 2017
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 […]
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February 14, 2017
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 […]
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February 3, 2017
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 […]
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February 1, 2017
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 […]
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January 25, 2017
Cash out refinancing for primary residence (owner occupied) homes are gaining in popularity, but so are cash out loans for investment properties. While they were hard to come by just […]
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January 19, 2017
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 […]
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December 29, 2016
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 […]
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December 14, 2016
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, […]
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November 18, 2016
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 […]
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