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July Mortgage Market Update

July Mortgage Market Update

Mortgage News FHFA House Price Index just released Q1 results indicating national home prices were up 0.7% in April and up 3.1% from last year.  NAHB is reporting builder sentiment is up. New home sales are up 20% compared to a year ago, while resale activity is down...
May Mortgage News

May Mortgage News

  May Mortgage News Mortgage rates are hovering near last month’s levels, despite the Federal Reserve rate hike. Recent comments from the Fed indicate a pause in rate hikes could be on the horizon. This is good news for banks and businesses feeling the...