Job Growth Surged In June
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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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.
Existing Home Sales Rise Amid Growing Economy
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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Mortgage Rates Dropping As Loans Become Easier To Close
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
Fed Votes To Raise Rates For Second Time This Year
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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Homeowners Think Now Is The Time To Sell
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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May Job Growth Impresses, Fed Rate Hike Likely
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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Existing Home Sales Tighten As Summer Approaches
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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Purchase Loans Rise As Time To Close Drops
May 19, 2017
In April, the number of purchase loans closed rose compared to refinances, furthering the gap between the two. Now, nearly ⅔ of all closed mortgages are purchase loans. Last month, […]
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Home Buying Sentiment Rises As Home Buyers Gain Confidence
May 12, 2017
The total number of people who believed that now is a good time to buy a home rose by five percent this past month. This was coupled with a decrease […]
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April Job Growth Soars Following Poor Month
May 5, 2017
Over 200,000 jobs were added to the economy last month, an incredibly high clip that follows a poor showing in March. This couples with a decrease in the the unemployment […]
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Tim Lucas
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
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