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Mortgage Trend

Coronavirus, the economy and 6 other reasons to consider refinancing right now

When the World Health Organization declared the coronavirus an international public health emergency in late February, financial experts wondered how severe the economic consequences would be. They didn’t need to wonder for long, as the stock markets went into a tailspin just as the first cases of coronavirus started to …

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You’re moving. Now what?

After the initial excitement of determining how much home you can afford,  finding the perfect place, and having your offer accepted, the reality of being a first-time homebuyer really hits: there’s still a lot of work to do! From clearing clutter to collecting moving boxes to organizing every little thing, …

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Tips from the Experts to Refinancing Your Mortgage

5 minute read Refinancing to a lower interest rate on your mortgage could save you thousands of dollars over the life of your loan. But, when you refinance a loan there are several things to take into consideration. So we wanted to know from the experts what tips they have …

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Treasurys, Dow tank as virus fear spreads

The 10-year Treasury note yield is trading at record lows this week as the Dow Jones Industrial average slipped into correction territory. The Dow was expected to drop even further at the start of trading Friday morning with futures pointing to at least a 400-point dip. This is the worst …

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How long does it take to buy a condo?

Reading Time: 3 minutes You need to know what to expect on how long it will actually take you to buy a condo. From first hunt, to move-in: We have you covered.  The Decision: Should I buy a condo or rent? You like making money, right? When it comes to …

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Fed plays waiting game, rates hold low and steady

Reading Time: 3 minutes An odd end to the week as the stock market dropped and analysts don’t seem to understand exactly why. The Dow Jones dropped 150 points midday Thursday before rebounding slightly, and the benchmark 10-year Treasury note yield dipped to 1.486% in early trading Friday morning.   The …

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Condo buying checklist

Reading Time: 3 minutes Buying a condo, and the lifestyle that comes with it, gives you a lot of perks. But if this is your first time, you might not be aware of some of the special tasks that come with buying a condo. To help you out, we’ve got …

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Housing starts 2020 with a boom as rates stay low

Reading Time: 2 minutes The spread of the coronavirus across mainland China, and internationally, continues to take up space in markets. More than 60,000 cases of the coronavirus have been confirmed in China with more than 1,300 deaths associated with the virus in the country. There have been 15 confirmed …

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Mortgage Rates Today Tuesday, February 11, 2020

4 minute read Today, Tuesday, February 11, 2020, 30-year mortgage rates fell 1 basis points to 4.07% today. 15-year rates fell 2 basis points to 3.60% and 5/1 ARM rates fell 2 basis points to 4.09%. FHA rates remained unchanged at 4.20%. The average annual percentage rate (APR) fell by …

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