Inflationary pressures in the economy have moderated as a result of lower oil prices (which lower transportation costs) and slowed wage growth. As a result, interest rates stabilized this past week. Here is a link to the current Freddie
Last week showed the lowest level of mortgage application activity by U.S. consumers in the past 4 years. There are a lot of factors at play here – low national housing inventory, rising rates, and multiple bid situations on many
I was recently asked by a client about the potential costs of waiting until she could make a 20% down payment – since she only had enough for a 10% down payment when we spoke. Let’s take a look at
Adjustable Rate Mortgages got a bad name after the housing crisis and mortgage meltdown in 2008, but a lot of that reputation is unwarranted. Negative amortization ARMs, the worst culprits, are long gone. Interest-only ARMS are hard to find unless
Most borrowers focus on their mortgage rate and loan terms and never consider the type of lender they will choose. Read on to find out why that could be a mistake. Once upon a time you would obtain your home
Rates are currently at a 2-year high, due to a number of factors – including the anticipation of higher inflation due to federal tax cuts which will increase consumer spending, as well as increased spending on infrastructure. The Fed raises