Mortgage Applications Spike

To ring in the new year, Americans stuck to a few familiar patterns, like pledging to lose weight and hunkering down for a long winter. But according to the Mortgage Bankers Association, they also did something unusual: They applied for mortgages in droves. In its first weekly report on mortgage applications for the year, the … Continue reading Mortgage Applications Spike

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Mortgage Applications Spike

To ring in the new year, Americans stuck to a few familiar patterns, like pledging to lose weight and hunkering down for a long winter. But according to the Mortgage Bankers Association, they also did something unusual: They applied for mortgages in droves. In its first weekly report on mortgage applications for the year, the … Continue reading Mortgage Applications Spike

The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

The Year of Rising Mortgage Rates? This is the year. Then again, “this is the year” has been the mantra of prognosticators for the past five years. This is the year interest rates will rise. You could hardly blame someone for venturing out on the same limb to offer another higher-rate prognostication in 2018. 2017 … Continue reading The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

The Year of Rising Mortgage Rates? This is the year. Then again, “this is the year” has been the mantra of prognosticators for the past five years. This is the year interest rates will rise. You could hardly blame someone for venturing out on the same limb to offer another higher-rate prognostication in 2018. 2017 … Continue reading The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

Housing Maintains Its Market Lead

Housing has been the one constant since the 2008-2009 recession. Housing has consistently trended higher with activity. We’ve seen it in new-home sales. We’ve seen it in new-home starts. Starts, in particular, appear to have moved to a higher plane. Starts rose 3.3% to 1.297 million on an annualized rate in November. Starts for single-family … Continue reading Housing Maintains Its Market Lead

The Field Guide to Mortgage Calculators

Sorting through the math involved in buying a home requires more than a device or app that adds and subtracts. That's why mortgage calculators have proliferated online. They come in many different forms and offer a surprising variety of functions to help us understand the financial implications of buying and owning a home. Why use … Continue reading The Field Guide to Mortgage Calculators