Mortgage Apps up to Record Highs Mortgage applications set a record for the third consecutive week as lower rates drew out more refinancers and home buyers, according to the Mortgage Bankers Association’s seasonally adjusted application index. Total mortgage application volume rose 1.6 percent last week compared to the previous week, and applications are now 1.8 percent …
Tag: News
Mar 22
Fed Done Raising Rates
Fed Done Raising Rates The Federal Reserve announced Wednesday after its March meeting that it will leave its short-term interest rates unchanged and also signaled that it likely will not raise rates for the remainder of the year. This marks a sudden change to what had been five consecutive quarters of rate increases. Not only …
Mar 21
Home Buying as Spring Kicks Off
Home Buying as Spring Kicks Off A growing number of Americans believe now is a good time to purchase a home as the real estate market heads into what is traditionally its busiest season of the year. In the first quarter of 2019, 37 percent of consumers said they “strongly believe” that now is a …
Mar 20
Now is a great time to buy or sell a home.
Now is a great time to buy or sell a home. Buying or selling a home can be challenging, but it doesn’t have to be. Let me help! Why work with a licensed mortgage professional? I provide accurate information on numerous financing options available to potential buyers and sellers looking to move into a new …
Mar 19
Self-Employed Mortgages getting easier
Self-Employed Mortgages getting easier Americans who are self-employed and freelance or contract workers have long had to struggle to qualify for a mortgage compared with those with W-2 forms or pay stubs that lenders can use to verify their incomes. For the self-employed, the mortgage process can be time-consuming and cumbersome. Lenders often require extra …
Mar 18
30-Year Rates Plunge
30-Year Rates Plunge Home shoppers are finding some of the lowest mortgage rates in more than a year. “Mortgage rates declined decisively this week amid various market reports, a strong bond auction, and further uncertainty around the Brexit deal, which all contributed to driving bond yields lower,” says Sam Khater, Freddie Mac’s chief economist. “At …
Mar 15
Painting Myths You Should Know
Painting Myths You Should Know Painting a room can be one of the most budget-friendly ways to makeover a space. But some commonly held myths about choosing the right paint may prevent some homeowners from finding the truly perfect hue to enhance their space. Realtor.com® recently spoke with painting experts to address some of these …
Mar 14
Get the scoop on “Garden Kitchens” trending
Get the scoop on “Garden Kitchens” trending Live plants are being added into cabinetry and even directly into the kitchen island. At this year’s LivingKitchen, a trade show in Cologne, Germany, numerous manufacturers showed off the latest worldwide kitchen trend: more greenery near cooking spaces. Living plants are appearing on the back or tops of …
Mar 13
Celebrate a home of your own – end wasteful rent payment today
Celebrate a home of your own – end wasteful rent payment today Home ownership is within your reach. Stop throwing your money away on rent and invest in your future by becoming a home owner. Build equity through your monthly mortgage payment, which can benefit your down the road. I help with first time home …
Mar 12
Where Homes Are Selling
Where Homes Are Selling The amount of time it takes to sell a home has been dropping for the last four consecutive years, but in February, the typical home sat on the market for 83 days, which is unchanged from a year ago. That’s a sign that the market is slowing but not reversing, according …
Mar 11
Challenges For Real Estate Firms
Challenges For Real Estate Firms Keeping up with technology, facing increased competition from nontraditional market participants, and growing concerns over housing affordability are the top challenges that real estate firms say they’re increasingly alarmed about, according to the National Association of REALTORS®’ newly released 2019 Profile of Real Estate Firms. NAR’s report is based on …
Mar 08
Homeowners Richer over the past year
Homeowners Richer over the past year Home equity continued to increase in the fourth quarter of 2018, with more homeowners profiting over rising home prices. U.S. homeowners with a mortgage saw their equity rise by 8.1 percent year over year in the fourth quarter of 2018, according to CoreLogic’s Home Equity Report, released Thursday. The …
