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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

Jumbo Mortgage Loan Basics

Jumbo Mortgage Loan Basics

The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have price tags that are too high for these standard loans. Enter the jumbo loan.   What i

Nov 14, 2018 | Loan Programs Home Buying or Selling Refinance

Why Your Home Needs a Mudroom This Winter

Why Your Home Needs a Mudroom This Winter

It may not seem like it, but winter is already creeping in across the United States, including Utah. Some cities have already experienced snow flurries. Snow means that water, leaves, and all types of debris will get tracked into your home - the beautiful

Nov 10, 2018 | Home Improvement

Understanding Utah Interest Rates

Understanding Utah Interest Rates

Advertised Utah interest rates generally reflect the national average. What they may not reflect is your individual loan situation. Borrowers often believe, when they see a listing of “today’s mortgage rates,” that the listed rates accu

Nov 10, 2018 | Mortgage Basics Interest Rates

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

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