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.
August 1, 2016
The Federal Reserve opted to maintain rates at their July meeting, but they hinted that a rate hike could be coming in September. The decision to keep rates the same […]
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July 22, 2016
FHA loans are not only getting easier to be approved for, but they are now closing with ultra-low rates. On average, FHA loans closed with a mortgage rate of 3.98% […]
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July 8, 2016
June Sees Huge Job Growth Jobs growth in June rebounded in a big way from May’s unimpressive growth. While job growth is usually a bad sign for mortgage rates, this […]
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June 24, 2016
Mortgage Rates Fall Near All-Time Lows Brexit is having a profound effect on U.S. homeowners — but the effect has been positive. Mortgage rates are hitting three-year lows, and could […]
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June 15, 2016
The Federal Reserve decided not to raise rates during their June meeting. The decision came after two days of deliberation. Instead of raising or lowering the Federal Funds Rate, the […]
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June 3, 2016
Even though jobs were added in the month of May, job growth was not as strong as it was expected to be. However, this could end up helping many home […]
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Home Buying · News · Real Estate Market
May 24, 2016
The housing market showed signs of stability, steady growth, and gains in inventory in April, making the shaky performance of early 2016 a distant memory. Home sales are on the […]
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FHA Loans · Mortgage Rates · News
May 23, 2016
Homes Closed With Lowest Average Mortgage Rates in 12 Months April saw the lowest average mortgage rates in one year. Mortgage software leader Ellie Mae reported that the average 30-year […]
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May 2, 2016
More Homes Being Built Today Than A Year Ago The general consensus with the current housing market is that there is a shortage of homes. Despite high levels of buyer […]
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May 2, 2016
Three Out Of Four Purchase Applicants Have Their Mortgage Closed One common reason would-be home buyers don’t apply for a mortgage is because they don’t think their loan will get […]
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