As we know, bond markets directly affect the mortgage market. Typically, when bond rates, also known as bond yield, go up, interest rates follow. Conversely, bond prices are a different
Post Brexit Mortgage Market Update
What does Brexit have to do with you? The turbulent atmosphere enveloping the United Kingdom may actually create a windfall in the United States. According to Jim Costello, Senior Vice
Mortgage Market Update
This week’s mortgage market update brings some good news, as rates are trending lower and the forecast says they may very likely stay that way. However, with several economic reports
Mortgage Market Update – Tight Inventory Remains a Challenge, Rates Likely to Stay Put
In today’s mortgage market update, we’re seeing interest rates forecast to stay low, which comes as great news to prospective borrowers; however, lack of inventory in the real estate market
Mortgage Market Update – May 2016
In this month’s Mortgage Market Update, we’ll look at current mortgage rates and how they’ll likely be trending in the coming week, as well as trends in the home building
Low Mortgage Rates Boosting Spring Home Buying
Apparently the idea of “springing forward” applies to more than just Daylight Savings Time! So far, the spring of 2016 is proving to be quite a busy time for the
FHA Streamlined Refinancing and VA IRRRL Loans in Texas
The FHA’s Streamlined Refinancing Loan Program was created in the 1980s. The objective of this type of refinancing mortgage is to save borrowers time and money, plus cut down on
Mortgage Market Update: House flipping hits 10-year high, rates may move up
This week’s mortgage market update may make a few home buyers nervous, as rates may increase. However, even if/when rates go up, they’re more than likely to stay very close
More Homeowners Taking Cash Out When They Refinance
With the rise of home values across the nation, more homeowners are tapping into their increased equity in the form of cash out mortgage refinances. However, homeowners who are doing
Mortgage Market Update – January 2016
As mortgage rates trend lower and are expected to stay on that path for the rest of this week, more home buyers are considering the possibility of locking their rates in now.