As it pertains to low interest rates "Be careful what you ask for" - it will likely take pain, chaos, fear and uncertainty to get them. This past Thursday, thanks to uncertainty around the U.S. and China trade deal, fear of slowing global
Dec 10, 2018 | Mortgage News
More mortgage borrowers turned in loan applications this week, according to the Mortgage Bankers Association, in response to another week of falling interest rates. The MBA’s Mortgage Composite index – a measure of mortgage application volume
Dec 07, 2018 | Mortgage News
CoreLogic reports that home prices, including distressed sales, rose 5.4 percent from October 2017 to October 2018. That is down from the 7 percent gain seen year over year in March of this year. On a month over month basis, prices rose 0.5 percent from S
Dec 04, 2018 | Mortgage News
"This is what it sounds like when doves cry"... Prince We heard "doves cry" this week when Fed Chairman Jerome Powell spoke in NYC on Wednesday. Doves are people who offer peaceful polices, so upon Mr. Powell's soothing speech bo
Nov 30, 2018 | Mortgage News
Fannie Mae and Freddie Mac Baseline Limit Will Increase to $484,350 Washington, D.C. The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. I
Nov 27, 2018 | Conventional Loans Mortgage News
The September Case-Shiller 20-City Index rose 5.1 percent from September 2017, just below the 5.3 percent expected and down from 5.5 percent in August. Month over month was unchanged. The slower pace of gains is to be expected and with faster-rising wages
Nov 27, 2018 | Mortgage News
