Why the Recent Jump in Rates?
When we last delivered our “Rate Update,” the environment was ultra-low rates. Fast-forward a few months, and the 30-year [...]
Fannie adjustable mortgages dive to 1.75% for first 5-10 years
Lower, more affordable payments keep better pace with skyrocketing home prices. The lowest point for 30-year fixed rates was [...]
How do you tell if it’s a buyer’s or seller’s market?
Real estate markets fluctuate through cycles, and knowing what type of stage the market is at can help you decide [...]
Rent-to-Own Properties on the Rise
The demand for these types of properties has increased recently. While opting for a rent-to-own property looks good on paper, [...]
Where Are Rates Headed?
After weeks of lower bond prices and higher yields, the cure for higher rates may be higher rates as the [...]
These 5 Money Mistakes Could Lead to Your Mortgage Being Denied
Just because you have pre-approval doesn't mean you've locked in that loan. Be sure not to make any of [...]
How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here
As home buyers already know full well, the residential real estate market has been on a wild tear for [...]
You May Have Missed the Refinance Window
For the first time in months, the average 30-year fixed-rate went above 3.00%. Those who refinanced earlier this year [...]
Rates Hit Historically Low Levels
Interest rates hit historically low levels last year due to the pandemic outbreak and the worst quarterly decline in [...]
Need a Loan To Build a Home? How Construction Loans Work
When you buy a home, you can usually rely on a standard mortgage to pay for it. But when [...]