30-Second Update: Sellers Earning More on Home Sales & July Interest Rate Cut Likely
According to data provided by Redfin, home prices rose for the third consecutive month in June. The data indicated that US home prices reac…
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Low Mortgage Delinquencies and Healthy Outlook for Housing
As we have been saying, homeownership is a great way to build wealth. CoreLogic is reporting that the average gain nationwide in home equit…
Read more30-Second Update: Economic Expansion & Stock Market All-Time High
According to the National Bureau of Economic Research, this month marks the longest expansion of economic growth since 1854, stemming back t…
Read moreHome Prices Continue to Appreciate
CoreLogic has reported that single family homes across the nation have appreciated in price by 3.6% from May last year to May this year. The…
Read more30-Second Update: Pending Home Sales Rise/Mortgage Rates Hit 2 ½ Year Low
The Pending Home Sales Index, which is a forward-looking indicator based on home contract signings, increased 1.1% to 105.4 in May, up from…
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Get pre-qualified Call 800-778-9044The Fed and Lower Rates
After the Fed’s meeting last week, we saw bond pricing improve which has pushed interest rates even lower. The Fed has decided to keep the…
Read more30-Second Update: Mortgage Applications Surge, Rates Near Lowest Level in Two Years!
According to the Mortgage Bankers Association’s seasonally-adjusted index, mortgage applications surged 26.8% in the week ending June 7th.…
Read moreHome Appreciation is Improving and Refi’s are Hot!
According to CoreLogic, since this time last year, home prices have increased by 3.6%! Since last month, they have increased by 1%. CoreLo…
Read more30-Second Update: Rates Are Low, Can They Go Lower?
Earlier this month, the Federal Open Market Committee announced that no foreseeable moves to interest rates were expected “for some time.”…
Read moreLoan Applications on the Rise and Home Sales Bouncing Back
The Mortgage Bankers Association released their weekly loan application report, and we see that while weekly purchase applications were slig…
Read more30-Second Update: Home Builder Confidence hits Seven Month High
The latest National Association of Home Builders Housing Market Index, which measures builder’s confidence in newly built, single-family hom…
Read moreGreat Time to Purchase a Home
CoreLogic has just reported their national Home Price Index, and it shows that home prices are forecasted to increase by 4.8% over the next…
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