Have Home Loan Rates Found a Bottom?

Have Home Loan Rates Found a Bottom?

"Yeah I'm Free, Free Fallin'"... Free Fallin" by Tom Petty The old adage of "Stocks go down, Home Loan Rates go down" didn't work this past week. Stocks started the week with the Dow Jones Industrial Average fallin&

Nov 21, 2018 | Mortgage News

Brexit Concerns, Strong Buck Helping Housing Market

"This ain't love, it's clear to see. But darling, stay with me"... Stay with me by Sam Smith It's clear to see there "ain't" much love in the process of the U.K. leaving the European Union (EU) in the so-called "

Nov 20, 2018 | Mortgage News

Available Mortgage Credit Jumps to 10-Year High

Available Mortgage Credit Jumps to 10-Year High

After falling in September, the amount of available mortgage credit jumped to a new post-housing crisis high in October, according to the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index rose to 186.7, up 2.5% from 182.1 i

Nov 19, 2018 | Mortgage News

Retail Sales Rebound Sharply in October 2018

Retail Sales Rebound Sharply in October 2018

As the holiday shopping season unfolds, retailers were giddy in October due in part to strong sales for motor vehicles and building materials. Retail Sales jumped 0.8 percent versus the 0.5 percent and up from 0.1 percent in September. It was the largest

Nov 15, 2018 | Mortgage News

Fed Sits as Congress Splits

"I'm on my way, I'm on my way home sweet home" - Home Sweet Home, Motley Crue Last Tuesday, many politicians went "home" after the midterm election results and the day ended with a split of power between the House and Senate.

Nov 09, 2018 | Mortgage News

Mortgage Credit Availability Jumped to Highest Level in 10 Years

Mortgage lenders loosened their mortgage credit standards in October, according to data from the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index rose to 186.7, up 2.5% from 182.1 in September and 181 in October 2017. That

Nov 07, 2018 | Mortgage News