Mortgage Trend

Buying a home might be the biggest purchase of your life. But when faced with all the nitty-gritty, many first-time homebuyers seriously consider throwing in the towel.  Don’t do it! Instead, follow our “buying-a-house checklist” to get organized, know what to expect, and make the entire experience more manageable.  1. …

[embedded content] The housing industry was dealt a big change this week as the Federal Housing Finance Authority decided to raise prices on refinance loans sold to Fannie Mae and Freddie Mac. The group announced the institution of an Adverse Market Refinance Fee. The fee is a 50 basis point …

Veterans Affairs loans, aka VA Loans, help veterans and active duty service members buy a home while taking advantage of some pretty significant benefits.  A VA Loan is a government-based mortgage product guaranteed by the US Veterans Administration.  President Franklin D.  Roosevelt signed the loan into law back in 1944 …

The main headline in housing is yet another week of historically low mortgage rates. However, the extremely low rates are starting to have an adverse effect on purchasing power.  This week, and for the eighth time this year, Freddie Mac’s 30-year fixed-rate mortgage average hit an all-time low. The latest …

As the debate around school openings continues, many parents are weighing how best to create a home learning space that’ll help a child focus on his or her lessons. This blog pulls together a dozen homeschool setup ideas. Depending on how old your kids are, as will your home’s size …

Thinking about buying a home? You’ll need to narrow down the neighborhood, the size and style of the space, the price and the down payment. You’ll also want to consider mortgage interest rates, which play a big role in whether or not the time is right to buy a house …

There is no question that the COVID-19 virus, and the reactions to it, are controlling the United States economy right now. But the breadth of that control was extremely evident this week.  As expected, the Federal Reserve decided to keep overnight lending rates stable, in the range of 0% – …

It’s settled. You’ve got some money saved up for a downpayment and you’re ready to start your home buying journey. You’ve done your online research and have pretty much narrowed down the neighborhoods you’re interested in. You can’t wait to go house hunting.   But wait. Do you find a reputable …

Tech stocks took a hit this week, dragging Wall Street down with them. The Dow Jones Industrial average saw a sharp sell off Thursday, dropping around 400 points. Apple, Amazon and Microsoft all took losses with Microsoft faltering by 4%. Travel also took a huge hit, with companies like Southwest …