Mortgage Blogs

 

 

What’s Ahead For Mortgage Rates This Week – September 23rd, 2019

What’s Ahead For Mortgage Rates This Week – September 23rd, 2019

Last week’s economic reports included readings from the National Association of  Home Builders on housing market conditions, Commerce Department reports on Housing starts and building permits issued and the National Association of Realtors®

Sep 24, 2019 |

How To Crowdfund A Renovation Project

How To Crowdfund A Renovation Project

Crowdfunding came into prominence with the Jumpstart Our Business Startups (JOBS) Act that President Obama signed into law during 2012 and subsequent enhancements. The JOBS Act made it easier for startups to raise money and for the first time allowed the

Sep 21, 2019 |

Fed Policymakers Cut Key Rate Range by .25 Percent

Fed Policymakers Cut Key Rate Range by .25 Percent

The Federal Reserve’s Federal Open Market Committee reduced its key short-term interest rate range one-quarter percent to 1.75 to 2.00 percent during it’s September meeting. While FOMC members had mixed opinions on reducing the benchmark rate

Sep 20, 2019 |

NAHB: Home Builders Remain Confident

NAHB: Home Builders Remain Confident

The National Association of Home Builders Housing Market Index shows steady builder confidence in housing market conditions. September’s index reading of 68 was one point higher than August’s reading. Any reading over 50 indicates that most h

Sep 19, 2019 |

New Home Prices Going Down Making Them More Affordable

New Home Prices Going Down Making Them More Affordable

Residential real estate developers in America are responding to a national slowdown in new home construction by building smaller homes that are more modestly priced. The demand for smaller, less expensive homes is growing, while the overall demand for ne

Sep 18, 2019 |

Can I Get a Mortgage Without a Credit Score?

Can I Get a Mortgage Without a Credit Score?

You need a good credit score to get the best rates on mortgage loans. Less-than-perfect scores will mean higher interest rates and subprime credit scores will make borrowing money very expensive. But what if you have no credit score at all? Is it possible

Sep 18, 2019 | Preapproval Purchasing a Home Credit