Refinancing Soars Up 39% as Rates Decline: Borrowers have apparently been paying attention. The 22-basis point drop in mortgage rates per Freddie Mac, the largest one-week decline in more than 10 years, triggered a surge in mortgage applications last week, especially for…
Mortgage rates moved lower for the 6th straight day, bringing them very close to the best levels since late 2017. Perhaps more impressive (or telling) is the fact that rates haven't even had a single "bad day" since March 1st. …
It pays to be a homeowner Home price growth might be slowing, but homeowners are still gaining serious equity in their properties, According to new data, the average homeowner saw their home equity jump by $9,700 last year. Earning…
Aly J. Yale The Mortgage Reports Contributor February 21, 2019 - 2 min read Inventory on the increase Housing inventory is finally on the rise. According to new data, January saw for-sale inventory jump 1.2 percent over December, marking the first time…
Mortgage Rates Hit 2 Week Lows Ahead of The Fed January 29, 2019 Mortgage rates didn't move yesterday, despite a moderate amount of improvement in underlying bond markets. When bonds improve, rates tend to move lower, but there can be a lag…
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Many people find it useful to have a checklist and on any good checklist these 2 items should be the first items on that list. as they are essential to getting the ball rolling on your dream of home ownership.…
In our last post we talked about the pre-approval and how the twp most important items that any potential home buyer needed to focus on first was their credit and their pre-approval. Assuming all looked good in those areas, the…
In earlier posts we discussed finding the right lender and realtor. Now it is time to move on to the most exciting and sometimes nerve racking part of the home buying process. It is time to search for that home…
Did your offer get accepted? If so, congratulations!!! One of the first major items in the escrow process is the home inspection. Hopefully you took some time for yourself to have a quick celebration but with the escrow clock ticking…
