Mortgages

April 8, 2019
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Mortgage rates hit long-term lows

Homebuyers won big last week as the industry saw the lowest mortgage rates since January 2018. Recent numbers from Freddie Mac reported the average rate on a 30-year fixed mortgage fell to 4.06% percent with an average 0.5 point for the week ending March 28, 2019. Why are mortgage rates taking a nose dive? Freddie Mac’s Chief Economist, Sam Khater, explains that this low point is a crucial indicator that […]
January 4, 2019
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How the government shutdown affects the mortgage market

How does the current government shut-down affect the mortgage market? A recent article on Forbes.com outlines  four ways the shutdown really does impact the mortgage market. Read the full story here. 1) Lower rates may be due to the shutdown 2) FHA loans will be affected 3) I.R.S. documents out of reach 4) A weaker U.S. housing market  
July 28, 2013

JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC) – Mortgages and

JPMorgan Chase & Co. (JPM), Wells Fargo & Co (WFC) – Mortgages and … The recent increase in mortgage rates has not stopped the significant rise in demand for new homes. Many builders can't keep up with the growing demand. Lennar Corporation (NYSE:LEN) provides a rich buying experience by providing great customer care … Read more on Insider Monkey (blog) Higher Mortgage Rates, Like Gas Prices, Have Become The New Norm […]