U.S. homebuilders are feeling more optimistic about their market since mortgage interest rates started falling in November, according to the National Association of Home Builders. The NAHB builder sentiment index rose 2 points in January, after falling s
Jan 17, 2019 | Mortgage News
"We are good where we stand right now"... Fed President James Bullard - 1/10/19 Stocks continued to react positively to Fed Chair Powell's Jan 4th speech, where he essentially said, "we have your back"...meaning that the Fed will
Jan 14, 2019 | Mortgage News
A major dip in U.S. and Utah mortgage interest rates resulted in a 23.5% jump in home loan applications in the latest week, according to the Mortgage Bankers Association. As rates on conventional 30-year fixed-rate mortgages fell to 4.64% from 4.74% the
Jan 10, 2019 | Mortgage News
"Workin' for a Livin"... Huey Lewis and the News iPhone maker, Apple, was a downer this week as the company announced a surprisingly weak sales and earnings forecast for the first quarter of 2019. Stocks and interest rates fell on th
Jan 07, 2019 | Mortgage News
More Utahns applied for mortgage loans this week, according to the Mortgage Bankers Association, in response to a three-week trend of falling interest rates. The MBA's mortgage application volume index rose 2% from the week before but is still down 19
Jan 03, 2019 | Mortgage News
The financial markets had plenty to cheer about this week. On Wednesday, Stocks rallied a stunning 1,000+ points, enjoying their best one-day gain in history and then rallied over 800 points higher intraday on Thursday, erasing a huge midday loss. All in
Dec 28, 2018 | Mortgage News
