Mortgage Trend

3 minute read If you’re like most people, you’re reading this stuck inside while the entire world is quarantined. Sure the kids are out of school, gyms and restaurants are closed, and sports are canceled, but that doesn’t mean you can’t be productive. We asked financial experts for their best …

This week saw the worst day for Wall Street since 1987 and trillions of dollars of stimulus being pumped into the economy, leaving investors and Americans wondering what twist would be around the next turn. The continued fear of the spread of coronavirus COVID-19 has led to extensive economic fallout, …

3 minute read With the world in quarantine with the ongoing coronavirus pandemic, the stock market is in bear market territory, sending interest rates even lower. A year ago today, March 17th, 2019 interest rates on a 30-year fixed-rate loan was 4.25% (that’s historically low) Today it’s 3.25%! If you’re …

If you’re thinking of building — rather than buying — your dream house, good for you! However, consider that instead of financing construction with a traditional mortgage, you’ll likely need a construction loan. This article helps explain what a construction loan is, construction loan timelines, how these types of loans …

The housing industry remains a silver lining for the United States economy as the rapid spread of coronavirus (COVID-19) continues. The 11-year bull market on Wall Street came to an end this week as the Dow Jones Industrial Average dropped to 20% below its peak, putting it into bear territory. …

2 minute read The Coronavirus has hit the United States hard. Rudy Gobert of the Utah Jazz in the National Basketball Association tested positive for the Coronavirus on Wednesday, March 11th. In response, the NBA suspended the season for a period of at least 30 days. Every other sports league …

2 minute read 30-year fixed-rate mortgage rate on a $ 400,000 loan is 3.5% Mortgage applications are up 55% in the past week, 192% in the last 12 months The Dow Industrial Average is down 20% in the past month alone San Fransico and Washington state have outlawed gatherings of …

You may think townhomes and condos are the same, there are many important distinctions between these two housing styles. In this article, we’ll break down the differences between a condo and a townhouse so you can make the right choice for your next home. At its most basic, the following …

An incredibly volatile week on the stock market spurred an all-time low for both the benchmark 10-year Treasury note yield and Freddie Mac’s 30-year fixed-rate mortgage average. A lot happened this week so let’s take a look at the highlights: Dow stays in correction due to virus fears and political …