The partial government shutdown ended last Friday so the delay of sales of newly built homes for November was reported today with a big number. November New Homes Sales jumped 17% from October to an annual rate of 657,000 units, well above the 555,000 exp
Jan 31, 2019 | Mortgage News
Mortgage rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate. What causes Utah inte
Jan 30, 2019 | Mortgage Basics Interest Rates
Your credit score is an important part of getting a mortgage, your Utah mortgage will want to see your history of using and repaying credit to assess your viability as a borrower beforehand. Some extremely unfortunate souls have run into a worrisome issue
Jan 28, 2019 | Credit
Adjustable rate mortgage (ARM) loans always grow in popularity when interest rates are on the rise. Some borrowers think ARMs are the best way to save money on their mortgage in a higher rate climate. ARM loans can also be helpful for those who do not pla
Jan 23, 2019 | Mortgage Basics Interest Rates
Home loan rates finished this week near unchanged and remain near 9-month lows - so we have that going for us. Most of the week's news was pretty bond friendly, including Brexit uncertainty, ongoing Government shutdown, ongoing US/China trade dispute
Jan 18, 2019 | Mortgage News
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
