by Laura Baliestiero | Nov 8, 2020 | Buying a Home, Housing Market Updates, Interest Rates, Mortgage Rates, Price Growth
Big picture: The housing sector is showing strength across the board resulting from a combination of low mortgage rates, rising demand, and shift in consumer preferences as a result of the pandemic. The numbers: The S&P CoreLogic Case-Shiller 20-city price index...
by Laura Baliestiero | Jul 30, 2020 | Mortgage Rates
Mortgage rates increased for the first time in 6 week weeks after having hit an all-time record low 2.98% in the week ending 16th July. KEY POINTS Mortgage applications to purchase a home were 2% lower last week than the previous week but a strong 21% higher annually....
by Laura Baliestiero | Jun 2, 2020 | Interest Rates, Market Updates, Mortgage Rates
Mortgage Credit Tightens, Creating Drag on Any Economic Recovery Interest rates are at a record low. Any households should be able to find new mortgages easily. With interest rates falling to the lowest level on record, this should be a banner time for families in...
by Laura Baliestiero | May 6, 2020 | Mortgage Rates
Not even the economy is sure what is going on right now. There is a lot of uncertainty in the world right now and mortgage holders, both new and current homeowners, have many questions they want answers to. How are mortgage rates reacting to the current crisis?...
by Laura Baliestiero | Feb 21, 2020 | Market Updates, Mortgage Rates
Mortgage rates have been reaching a near record low which is appealing to buyers and refinancers. For the last three quarters of 2019, the number of new mortgages surpassed all quarters since 2005 according to the Federal Reserve Bank of New York. In the fourth...
