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Category: News

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.

March home sales

News · Real Estate Market

Buyers To Have A Wider Selection Of Homes This Summer

April 22, 2016

Housing Market Adding Homes Faster Than They’re Selling Homes are being added to the market faster than they’re being sold. Buyers and sellers alike will find the numbers encouraging. Home […]

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Home Builder Confidence In Housing Market High

News

Housing Market Outlook: Confidence High

April 11, 2016

Confidence Remains High Heading Into Busy Season Home builder confidence in the housing market stayed strong in March, and it isn’t showing signs of decreasing any time soon. Home buyer […]

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Existing home sales February 2016

News

Homes Sales Falling, But Not Due To Low Buyer Demand

March 28, 2016

Home Sales Down Home sales dropped 7.1 percent in February compared to the month prior, but it was not a sign of slackening buyer demand. Home sales are still above […]

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February 2016 Housing Starts Increased

News

New Home Building Pace Continues To Rise

March 22, 2016

Housing Starts Increased In February Home construction is starting to increase at an annualized rate of almost 1.2 million in February. After January’s decline in housing starts, it seems that […]

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Loans more likely to close today than in past 5 years

News

Mortgages Closing At Highest Rate In Almost 50 Months

March 22, 2016

Homes Loans Close At Highest Rate In Last 5 Years February had the highest percentage of closed home loans since August 2011. Ellie Mae, a leader in mortgage software, reported […]

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5 states where refinances are getting easier

News · Refinance

Rising Home Prices in 5 States Making it Easier to Refinance

March 8, 2016

Rising Home Prices Help Homeowners Eighteen consecutive months. That’s how long national home prices have risen according to the Federal Housing Finance Agency (FHFA). The rise in home prices could lift […]

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Housing Starts January 2016

News

Home Building Pace Exceeds 1 Million for 10 Months Straight

March 3, 2016

Housing Starts Continue to Impress Builders broke ground on new homes at an annualized rate of over 1 million homes in January making it the tenth month in a row […]

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Home sales heating up in 2015

News

January Home Sales Match Summer 2015 Levels

March 1, 2016

Home sales rose to their highest level in six months in January. The new year is off to a good start for both home buyers and sellers. Sales of pre-owned […]

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You can get a home with good credit

News

More Mortgage Applicants Approved without an “Excellent” Credit Rating

February 25, 2016

Good news for mortgage applicants: it may be easier to get approved even with a lower credit score. Ellie Mae, a leader in mortgage software, reported that the average credit […]

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Janet Yellen Fed rate drop

Mortgage Rates · News

Mortgage Rates Drop after Fed’s Report to Congress

February 16, 2016

Home Buyers Find it More Affordable to Buy Mortgage rates are at their lowest levels in ten months. New home buyers are finding it’s easier to afford a home than […]

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