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30-year-fixed has averaged 4.49%, up from 3.99% throughout 2017

“The economy and consumer sentiment remain very robust and that will sustain purchase demand, particularly in affordable markets and neighborhoods,” noted by Sam Khater, Chief Economist at Freddie Mac. There is still very limited inventory of homes available for purchase and when there is more demand than supply the prices naturally go up pushing many […]

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No Pay Stubs. No Tax Returns. No Bank Statements Just E-Sign and Go!

No Pay Stubs. No Tax Returns. No Bank Statements Just E-Sign and Go!  You simply e-sign your loan documents.  We verify your income, assets and tax returns.  Once confirmed, we notify you when your loan is approved – it’s that simple.  Get a faster, easier mortgage without having to collect all your financial documents.

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Mortgage rates hit a seven-and-a-half-year high as the easy money era comes to a close

Rates for home loans jumped along with yields in the broader bond market, taking financing costs to a recent high.  The 30-year fixed-rate mortgage averaged 4.72% in the September 27 week, up from 4.65%, mortgage liquidity provider Freddie Mac said Thursday. That marked the fifth straight weekly gain for the benchmark product, and took it to its

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Home price growth continues deceleration nationwide in September

National quarter-over-quarter (QoQ) home price growth fell 0.1 percent to 0.8 percent, and national year-over-year growth (YoY) fell 0.1 percent to 6.7 percent for September. West Region The West fell 0.1 percent to 1.2 percent QoQ growth for September. Northeast Region The Northeast fell 0.1 percent to 1 percent QoQ growth for September. South Region

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Treasury Yields Rise As Investors Await Fed Meeting

U.S. 10 Year Treasury Note pushing yields up, as investors awaited a Federal Reserve meeting that’s expected to produce a midweek rate increase and as oil prices jumped to a four-year high. The Fed’s rate-setting Federal Open Market Committee is seen as virtually certain to deliver a quarter-point rate increase when it concludes a two-day

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Mortgage Rates Hit 6-Week High with Housing Market at a Crossroad

Rates for home loans rose to a six-week high as upbeat economic data and a bulging deficit spurred a yield-lifting bond sell-off and big questions gripped the housing market. The 30-year fixed-rate mortgage averaged 4.60% in the Sept. 13 week, according to Freddie Mac’s weekly survey. That was up six basis points during the week, and

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