When mortgage rates plummet to historically low levels, you have to expect a reaction from the borrowing public. And, as usual, they did not disappoint. Borrowers got themselves to their
Mortgage Market Update – October 22, 2018
In this week’s Mortgage Market Update, we’ll examine three things that could greatly impact the upcoming mortgage rate forecast. First, let’s review how interest rates change within the market.
How Rates
Mortgage Market Update – September 24, 2018
In this week’s Mortgage Market Update, we’ll see how mortgage rates are trending, where they’re likely to move and monitor a potential increase in rate volatility. Before we dive into
Mortgage Market Update – September 10, 2018
Mortgage rate activity is staying in the middle of the road this week, so to speak. Current trends see neutral movement and experts predict it will remain that way for
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
Mortgage Market Update – March 5, 2018
In this week’s Mortgage Market Update, we see why rates are currently trending higher and how uncertainty in key economic factors could signal higher volatility in the coming days. But
FHA mortgage relief for 2017 disaster victims
This week the FHA expanded expanded mortgage relief for victims of hurricanes, wildfires and mudslides for people holding FHA-insured loans in Texas, Louisiana, Georgia, Florida, South Carolina, California, Puerto Rico
Single female home buyers increase to 2011 levels, FSBOs drop to all-time low
Are independent women becoming the stronger force in the home buying market? According to new data, significantly more single women are buying homes than almost every other segment of the
Optimism Grows for First Time Home Buyers
A nationwide shortage of inventory of homes for sale has been pushing prices ever higher, according to reports from the National Association of Realtors (NAR) and Fannie Mae. First time
Mortgage Market Update – September 26, 2017
In this week’s Mortgage Market Update, we see that rates are currently trending lower while volatility heightens.
First, a quick reminder of how mortgage rates move:
Conventional and government lenders set their