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.
July 26, 2017
The Fed’s most recent two-day meeting concluded on July 26, and they have decided to keep everything the same for the next six weeks or so. However, their decision could […]
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July 21, 2017
Rates have been gradually dropping over the past few months, but June saw some of the lowest mortgage rates of the year. As a result, June ended up having a […]
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July 14, 2017
While there is still a seller’s market for housing, home buyers are starting to have a more positive outlook for the next year. In June, the overall sentiment for buying […]
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July 7, 2017
After a few months of mixed economic news, June has provided some very positive news regarding the future of the economy. Last month, there were 222,000 jobs added to the […]
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June 23, 2017
Existing home sales rebounded after a weak April, rising higher despite the growing prices of homes. This means that home buyers are managing to find, and buy, homes in a […]
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June 21, 2017
Mortgage rates have been dropping for the past few months. In May, rates dropped far enough to decrease the average rate for all closed loans by eight basis points (0.08%). […]
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Home Buying · Mortgage Rates · Mortgage Strategy · News
June 14, 2017
After their two-day meeting concluded on June 14, the Federal Open Market Committee (FOMC) voted to raise the federal funds rate by one-quarter of a percentage point. This will increase […]
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June 9, 2017
The seller’s market continues to dominate, and homeowners have definitely noticed. In May, the sentiment that now was a good time to sell a home rose by six percentage points, […]
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June 2, 2017
There were 138,000 jobs added to the economy in May, lower than the expected 185,000 jobs leading up to the data being released. However, the number of jobs added is […]
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May 24, 2017
After a month of impressive home sales, April saw a drop in the total number of existing homes sold. Despite the decrease, April was still one of the best months […]
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Mortgage expert Tim Lucas has been helping home owners for over 12 years.
