Rates and Housing Costs Move Lower
Home borrowing costs continue to decline and are now well below the multi-decade highs (8% / 30-year fixed) seen in November 2023, yet well above the lows seen in late 2020 (2.67%). Inflation was one [...]
Fed announces big rate cut
Larger-than-expected move marks first rate drop for over four years The Federal Reserve has cut its funds rate by 50 basis points, lowering interest rates for the first time in more than four years [...]
VA Lending: Good to Know and Myth Busting
This class goes in-depth on VA program requirements, including understanding VA funding fees, allowable and non-allowable veteran paid fees, and imperative property knowledge on MPR (Minimum Property Requirements) and The Tidewater Initiative. There are [...]
Mortgage News: September
In this Issue… A Look Into the Markets Mortgage Market Guide Candlestick Chart Economic Calendar A Look Into the Markets This past week interest rates improved slightly from concerns of an economic slowdown. Let's [...]
Happy Labor Day!
Happy Labor Day to the workers of every field! The world runs on your contributions and you all deserve respect, recognition, and a day to relax. We hope you have a great one! We [...]
Eyes On The Fed
All eyes will be waiting to see if the Federal Reserve will lower interest rates at the September Federal Open Market Committee meeting. Slowing inflation pressures and easing economic growth data could be the [...]