Case-Shiller Index reports home values up more than 36% since 2012. Renters want to become buyers, driving up home prices by more than 10% in some cities. Continue reading
Archive | Mortgage
RSS feed for this section28 Months In A Row: VA Mortgage Rates Are The Cheapest
It pays to be a veteran. Using VA Benefits and the G.I. Bill, military borrowers get access to lower rates than the general U.S. population. Continue reading
NAR: Existing Home Sales Fall On Ultra-Tight Inventory
August home sales stayed strong amid tight home supply. Home prices are rising, but with mortgage rates low, first-time home buyers are not deterred. Continue reading
Freddie Mac: Mortgage Rates Extend 13-Week Run
Freddie Mac reports falling mortgage rates. Consumers still have access to rates near all-time lows. Continue reading
Home Values Continue Impressive 60-Month Climb
Home values climbed almost unfettered for 60 straight months, spurred by low mortgage rates and high buyer demand. Is it time to enter the market? Continue reading
Fed Announcement: No Change In Rates, But Hike Is Coming
The Federal Reserve voted to leave the Fed Funds Rate near 0.25% after its September 2016 meeting. But, a rate increase is on the horizon. Continue reading
Today, Will The Fed Finally Raise Its Interest Rates?
The Federal Reserve meeting adjourns today and, although the Fed doesn’t set mortgage rates, its rhetoric and actions can influence them. Analysis and advice. Continue reading
Builders Can’t Build Homes Fast Enough
As demand surges, U.S. builders are trying to keep up. Prices are on the rise, but mortgage rates low. Is it time to start your home search in earnest? Continue reading
NAHB: Hottest Housing Market In 11 Years
Home builder confidence remains strong with low mortgage rates and rising rents. Builders are signaling that 2017 will be a banner year for real estate. Continue reading
Bank statements: 3 things mortgage lenders don’t want to see
Bank statements say a lot about a mortgage applicant. Check for 3 common issues when turning your account paperwork in to your lender. Continue reading