Mortgage Rates Have Risen Again, But Will They Stay There?
Mortgage rates in the U.S. have slightly risen again, reaching 6.49% on average for a 30-year fixed mortgage on October 16, 2024, after hitt…
Read more
Mortgage rates in the U.S. have slightly risen again, reaching 6.49% on average for a 30-year fixed mortgage on October 16, 2024, after hitt…
Read moreU.S. pending home sales increased by 2% in the four weeks ending October 6, 2024, marking the biggest jump in three years. This uptick is dr…
Read moreCoreLogic, who provides data from multiple housing market segments, reported that home prices dropped by 0.1% in August, which was lower tha…
Read moreLast week the Federal Reserve released their new policy statement, and they mentioned that they cut the Federal Funds Rate by 50 basis point…
Read moreCoreLogic released their Home Equity report, and it showed that people who own homes with mortgages, which is 62% of all homes, gained $1.3…
Read moreWondering how this applies to you? A licensed local advisor answers for free — no obligation, and no impact to your credit.
Get pre-qualified Call 800-778-9044Understanding Debt in Mortgage Applications Debt is any money you owe to lenders or creditors, and it plays a crucial role in determining yo…
Read moreWhat Are Non-Qualifying Mortgages? Non-qualifying mortgages (Non-QM) are home loans that do not conform to the underwriting standards set by…
Read moreThe Basics of Mortgage Rates Mortgage rates are essentially the interest rates charged by lenders on home loans. These rates can be fixed, m…
Read moreIn the second quarter of 2024, U.S. home mortgage lending rebounded significantly, with a 23.2% quarterly increase, totaling 1.62 million mo…
Read moreAccording to a recent analysis from Redfin, starter homes are a bright spot in the housing market as mortgage rates settle near a 15-month l…
Read morePreliminary annual benchmark review of employment data from the Bureau of Labor Statistics (BLS) reveals that U.S. job growth over the past…
Read moreIn the week ending August 9, 2024, mortgage applications surged by 16.8% from the previous week, according to the Mortgage Bankers Associati…
Read moreTalk to a local advisor or start your application online — it only takes a few minutes.