When it comes to securing a mortgage, borrowers are often confronted with various terms and figures that may seem confusing at first glance. Two key components that play a significant role in determining the cost of a mortgage are ...
Posted by:
Is your credit score holding you back from getting the best rate on your ...
One of the more common methods that home loan applicants use to find the best loan program available is to ...
When applying for a new home mortgage, many loan applicants initially consider applying for a 30-year fixed rate mortgage. This is perhaps ...
When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. These may be rates that seem too good to ...
Do you have a mortgage? You’ve likely seen or heard a lot about mortgage refinancing as interest rates remained low ...
Posted by:
Many first time home buyers often wonder what factors determine their mortgage rate. Is it their credit score? Is it the type of loan chosen? Is it the size of the loan?
The truth is, there are many factors at play. Mortgage interest ...
Continue Reading →
Last week’s economic news included releases on new and existing home sales along with weekly readings on mortgage rates and first-time jobless claims.
Home Sales Fall Due to Slim Supply of Homes
December sales of previously-owned homes dipped to an 18-year low with a reading of 5.57 million sales on a ...
Continue Reading →
Last week’s economic news included readings on home builder confidence, housing starts and building permits issued. Weekly readings on mortgage rates and new jobless claims were also released; the week wrapped with the University of Michigan’s report on consumer sentiment.
Home Builder Confidence Dips, Remains in Positive Territory
According to the ...
Continue Reading →
Last week’s economic releases on inflation, core inflation, and retail sales. Weekly readings on mortgage rates and new jobless claims were also released.
Inflation and Retail Sales Ease in December
Consumer prices fell from November’s reading of 0.40 percent growth to o.10 percent growth in December, which matched expectations. The Core ...
Continue Reading →