An otherwise-solid June 2018 jobs report is offset by weakening wage growth, affecting mortgage rates; current interest rates and the 5-day trend; and, the many ways home buyers can purchase a home with little or no money down.
Home sellers are starting to reduce list prices, a trend which typically continues through Thanksgiving week; today's mortgage rates and 5-day interest rate trends; and, mortgage rates have dropped for 3 straight weeks, says Freddie Mac
Renters tell Fannie Mae they want to buy homes but don't think they'll get approved; today's mortgage rates and the 5-day interest rate trend; and, the Pending Home Sales Index dropped for the fifth straight month.
When your mortgage loan application gets turned down, there's a really good reason to talk to another lender instead; Updating today's mortgage rates and mortgage rate trends; and, Shopping for interest rates and closing costs as a package is pretty much impossible.
The post Home Buyers Find Success With Loan Re-Applications appeared first on Growella.
Freddie Mac research shows how much money mortgage borrowers save by comparison shopping their home loans; today's updated mortgage rates for conforming, USDA, VA, jumbo, and FHA loans; why your lender asks for paperwork and what to do when you don't want to send it in.
The post This Is How Much You Save By Talking To A Second Lender appeared first on Growella.
Using adjustable-rate mortgages to buy a home; today's mortgage rates for conforming, USDA, VA, jumbo, and FHA loans; and, how to receive a cash gift for down payment so your mortgage lenders allows it.
The post Home Buyers Using ARMs To Get Lower Mortgage Rates appeared first on Growella.
Ellie Mae reports homeowners choosing adjustable-rate mortgages over fixed-rate ones at the highest clip since 2014; an update on today's mortgage rates for VA, USDA, FHA, jumbo, and conforming loans; how to use probability and concepts from physics to improve your credit score and get access to the best mortgage rate possible.
The post Adjustable-Rate Mortgage (ARM) Use Surges Among Home Buyers appeared first on Growella.
Home affordability studies say that California is the most expensive and parts of the Midwest are the least expensive, but that doesn't help home buyers much; today's mortgage rates for conforming, FHA, jumbo, USDA, and VA loans; and, all about the intended audience for the S&P CoreLogic Case-Shiller Home Price Index.
The post Consumer-Friendly Real Estate Information? Look Past The National Surveys. appeared first on Growella.
When you're buying a house, it's good to look past the national data and focus on the local; today's mortgage rates for conforming, FHA, jumbo, USDA, and VA home loans; and, New Home Sales posts its second-highest reading in ten years despite weather-related obstacles in New England and much of the Northeast.
The post Home Buyers Beat The Horrible Weather & Low Home Supply appeared first on Growella.
National Association of REALTORS® data shows that the typical home is selling in 30 days, which doesn't leave buyers much time to think; today's mortgage rates across conventional, FHA, USDA, VA, and jumbo loan products; how mortgage loan limits affect consumer home loan choice.
The post For Buyers, It Helps To Have A Jumbo Mortgage Contact appeared first on Growella.
The Federal Reserve meets for its third scheduled meeting of the year and it's expected to hold the Fed Funds Rate unchanged until June; today's mortgage rate trends for conforming, FHA, USDA, jumbo, and VA loans; and, with mortgage rates spiking, the importance of staying patient while you're trying to buy a home.
The post Mortgage Rates Spike Ahead Of May 2018 Federal Reserve Meeting appeared first on Growella.
Mortgage rates unexpectedly spike, changing the math of How Much Home Can I Afford for home buyers nationwide; an update on today's mortgage rates for conforming, USDA, VA, jumbo, and FHA loans; and, using a home equity line of credit as an emergency fund and immediate source of cash.
The post Home Equity Line Of Credit: Your Personal “Emergency Fund” appeared first on Growella.
Home buyers are finding value in new construction homes with home supply up and builder confidence down through fourth straight months; an update on today's mortgage rates; and, Ellie Mae reports FHA mortgage rates surpassing conventional rates for the first time.
The post FHA Mortgage Rates Are Now Higher Than Conventional Ones appeared first on Growella.