Recent Articles
15
2019
According to a survey done in 2018 by the Natioinal Association of Realtors, almost 50% of non-homeowners don’t think they can afford a home. They also don’t know that they could qualify for down payment assistance to get into a home which is frequently the barrier for most...
05
2019
Strong employment growth for the 100th straight month, continuing expansion in manufacturing, and positive indications that construction is growing; with more construction spending reported and higher than expected new home sales in December. These good reports would...
24
2019
Rates have been testing current support levels and hanging in nicely. Currently, rates are following the direction of the stock market. A stock sell off causing improvement in rates and vice versa, as money flows out of one market and into the other. Keeping an eye on those key...
16
2019
Mortgage rates are still holding onto the lows we have seen for the past couple of months. Uncertainty is a friend to keeping mortgage rates lower, and we have plenty of that to go around. Here are some of the key factors affecting mortgage rates right now: The government shut down...
21
2018
The Fed raised the Fed fund rate this week as expected by most of the market. Mortgage rates remained virtually unchanged on the news, staying at the best pricing we have had since September. The stock market is another story, as the Fed confirmed for stocks that it is no longer accommodating...