Mortgage News for January 1, 2021

Mortgage News for January 1, 2021

Real Estate Market UpdateA Place to Live or an Investment?A home is both a residence and an investment. The real estate market can be a great place to put your money. Buying at the right price, obtaining a historically low rate, or refinancing when the math makes...

Mortgage News for December 25, 2020

Housing Market UpdateMortgage Rates Remain Surprisingly SteadyMortgage-backed securities (MBS) influence mortgage rates. Normally, when the MBS market moves as it did last week, rates increase noticeably. Rates, though, continued to operate very close to all-time...
Mortgage News for December 18, 2020

Mortgage News for December 18, 2020

Mortgage Market UpdateBuild Wealth Like CelebritiesDespite million-dollar incomes, many of your favorite actors, professional athletes, and musicians opt to take out a mortgage on their home. Why do celebrities willingly pay interest when they can make an all-cash...
Mortgage News for December 11, 2020

Mortgage News for December 11, 2020

Real Estate Market UpdateBuckle Up for a Busy 2021 According to a recent survey of more than 2,000 Americans, nearly half report they plan to move to reduce their living expenses, with 46% aspiring to relocate within the next year. With remote work becoming common,...
Mortgage News for December 4, 2020

Mortgage News for December 4, 2020

Real Estate Market UpdateEconomic Indicators Fueling OptimismThe U.S. economy is fighting back from the crushing blow of the pandemic, and the latest data suggests its recent progress is poised to continue. Economists look at a number of factors to judge the economy's...