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Mortgage Applications Shoot Up 21 Percent Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016. Read More...
Americans Agree: Real Estate Best Long-Term Investment By Suzanne De Vita Signaling growing confidence in the housing recovery, a majority of Americans once again named real estate the best long-term investment – a trend now continued for two consecutive Read More...
Large Lenders Expect Credit Standards to Ease in Next Three Months By Katie Penote Large lenders’ expectations that underwriting standards will ease over the next three months coincide with overall lenders’ expected pullback in the demand Read More...
Paying Points May Save Money in the Long Run, but is It Right for You? When it comes to mortgages, choosing the right one is instrumental to successfully achieving the American Dream of homeownership. And for many buyers in today’s market, taking Read More...
Borrowers Who Refinanced in 2013 Saving Over 21 Billion Dollars in Interest Payments over the Coming Year Freddie Mac released the results of its fourth quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage Read More...
Mortgage Rates Dip to Start 2014 Mortgage rates pulled back, with the benchmark 30-year fixed mortgage rate retreating to 4.64 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.34 discount Read More...
Rates on New Home Loans Join Downward Trend On Christmas Eve, the Federal Housing Finance Agency (FHFA) reported a 10 basis point decline in mortgage interest rates for the month of November. Data from FHFA’s Monthly Interest Rate Survey (MIRS) Read More...
A Seller's Guide to Multiple Offers By Kristin Brown, REALTOR®, Lexington, Mass. With the real estate heating up for spring, if you're selling your home, you could find yourself in the position of receiving multiple offers on your house in Read More...