This week’s Mortgage Market Update shows rate staying neutral with average volatility. Read on to see how current economic and political events could alter rate movement in the market next
Mortgage rates are dropping, but so are applications
After rising somewhat sharply, mortgage rates started to come back down last week. However, lower mortgage pricing had little effect on buyer activity.
Total mortgage application volume fell nearly 3 percent
Wage growth helps to boost housing affordability
If the adage about rising tides lifting all boats is true, then it comes as no surprise that rising incomes have been helping to offset recent increases in mortgage rates,
Mortgage Market Update – May 14, 2018
In today’s mortgage market update, we’ll look at how rates are trending and which economic developments could impact the direction rates take in the future. Before we dive in to
Dallas-Fort Worth Home Sales Price Reaches New High
Sales prices for homes in the Dallas-Fort Worth area reached a new high in March.
According to a recent article from DallasNews.com, a division of The Dallas Morning News, the median
Home builders still in short supply
The United States is facing a troubling trend. Skilled tradesmen and women are at their most lacking ever, according to recent data from the Manpower Group. These include welders, electricians,
Mortgage Market Update – April 9, 2018
In our latest Mortgage Market Update, we’ll see how mortgage rates are trending and predict how they may change in the coming days.
But first, let’s review how mortgage rates move
Mortgage Market Update – April 2, 2018
In this week’s Mortgage Market Update, we see rates trending higher while political and economic issues take center stage.
Before we look at the forecast, let’s briefly review how mortgage rates
Lack of inventory pushes home prices higher
It’s a great time to be a seller, but not such a thrill being a rookie buyer. Quickly rising home prices and the shortage of existing homes on the market
DFW area home sales reach record-breaking heights
Sales of existing homes in the Dallas-Fort Worth metro jumped 10 percent in February 2018 from a year earlier, reaching a record high for the North Texas area.
According to a