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Record number of borrowers can now save on a...
The average rate on the 30-year fixed mortgage fell to a record low of 3.29%, Freddie Mac reported this week. That’s down from the previous low of 3.31% in November 2012, in the wake of the financial [more]
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Here’s What the Fed’s Surprise Interest Rate...
The Federal Reserve just cut its benchmark interest rate — but don’t expect lower mortgage rates as a result. The Fed made the rare move to lower the federal funds rate by a half-point to a range of 1 [more]
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The median percent of purchases financed wit...
Many experts say it is a good time for prospective homebuyers to think about making a purchase – but for those who plan on getting a loan from a mortgage lender, there are some common reasons an appli [more]
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Bidding Wars
If you’re searching for a home this spring, get ready for a fight. Bidding wars are likely because mortgage rates are low, demand is strong, and the amount of homes for sale is down – way down. [more]
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HOW TO PROTECT YOURSELF FROM SCAM ARTISTS FO...
Unfortunately, natural disasters present opportunities for scammers to take advantage of people when they’re at their most vulnerable. If your house suffers damage from a wildfire, take the following [more]
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Southern California’s housing market is heat...
After a sluggish start to 2019, the Southern California housing market is ending the year on an upswing. The median home price for the six counties rose by 5.6% in November from a year earlier, to an [more]
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Recession Fears Are Receding. That Doesn’t M...
Imagine you are in a car speeding down the road. An obstruction comes into view, and the passengers in the car yell, “Watch out!” The driver swerves and misses the obstruction, and everything turns ou [more]
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Millennials continue to outpace older genera...
Continuing a trend that stretches back to one year ago, Millennials are still dominating the homebuying landscape, taking on more mortgages than previous generations. A report from Realtor.com says th [more]
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Mortgage Meltdown Unlikely Despite Hike in R...
Housing analysts are hoping it’s not a case of déjà vu. Unconventional mortgage lending is on the rise, in 2018 reaching its highest level since the financial crisis of 2008. These mortgages include s [more]
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