Mortgage Trend

“After months of barely budging, mortgage rates rose significantly in early January at their strongest pace since the spring,” said Matthew Speakman, a Zillow economist. “But that upward momentum has since dissipated, and it appears that fears of an extended, more substantial spike in rates have diminished — at least …

If 2021 is the year you’re going to make the leap to becoming a first-time home buyer, we’re rooting for you. But before you go out and start house-hunting, remember that the initial step is to get pre-approved for a home loan. To do that, you’ll want to get a …

With the new year comes a flurry of forecasts and predictions about the mortgage and housing market. In today’s update, let’s look at a few of the outlooks reporting strong expectations for 2021. As reported by Yahoo:  1. Home prices will go up In 2020, median listing prices grew 13.3%, …

Movement Mortgage, the nation’s sixth-largest retail mortgage lender, has promoted Chief Performance Officer Mike Brennan to company president, a new role that will lead all operations and sales functions across the organization. The promotion, made during a company-wide meeting Friday morning, is designed to further align Movement’s industry-leading operations and …

Buying a new home in 2021? Once you find the home you’re looking for, get approved for a mortgage and close on the property, you’re pretty much done, right? Not so fast.  You still have interior painting and decorating before you fully settle in. That’s the easy part of homeownership. …

Everyone knows that when you apply for a loan the lender will perform a credit inquiry. And everyone knows that credit inquiries hurt your credit score. What everyone doesn’t know is that credit scoring algorithms allow a “rate shopping window” so you can compare loan offers and rates with multiple …

Movement Mortgage, a national top 10 retail mortgage lender, is excited to announce the addition of Rick Elmendorf and his team to its Northern Virginia market.   Elmendorf brings more than 20 years of mortgage experience to Movement’s rapidly growing team. In 2020, Rick and his team funded more than $ 340 million in mortgages and served 753 families.  Elmendorf’s decision to join Movement follows the company’s recent announcement to launch Movement …

If you have credit issues, don’t worry. There are things you can do to rebuild your credit history. Credit builder loans are a great way to rebuild your payment history and improve your credit score. This article looks at how credit builder loans work and how they can help your …

As dreadful as 2020 revealed itself to be, the housing market was a bright spot. And industry experts predict that should continue into 2021. Three factors will fuel the housing market in 2021, said NAR Chief Economist Lawrence Yun, as reported by Investor’s Business Daily.  The Federal Reserve has no …