Market News

August 08, 2018 Why Now's the Time to Invest in Real Estate If you're looking to find a reliable source of ongoing income, you may be wondering whether real estate is a good investment. The market, as currently constituted, practically speaks for itself. Just like food, sleep and water, people will always need shelter, and with demand at extraordinary highs, more and more Americans are longing for the perfect place to call their own. Read More

August 06, 2018 Mortgage Interest Rates Mitigate Upward While Weekly Mortgage Applications Fall The highest interest rates in about a month and high home prices took their toll on the mortgage business last week. Total mortgage application volume slipped as interest rates rose, according to the Mortgage Bankers Association. Home sales have been steadily weakening for months, mainly due to record high prices in some areas. Coupled with the lack of inventory, this means homeowners potentially pay more for something they feel forced to accept as the only choice the market has to offer. Read More

July 30, 2018 The Trend Has Been No Friend in 2018 The sales trend has hardly been our friend this year. The trend in existing-home sales is down. Sales decreased for a third consecutive month in June. Sales posted at 5.38 million on an annualized rate. Existing-home sales are down 2.2% year over year. Read More

July 23, 2018 Same Old, Same Old for Now Meet the mortgage rates for this week, which are like the mortgage rates from the previous week. Read More

July 16, 2018 A Tale of Two Opinions Will interest rates rise or fall? The answer is “it depends.” Read More

July 11, 2018 Why Self-Employment Doesn't Lock You Out of a Loan Applying for a mortgage can be time-consuming and stressful, but this isn't the case for borrowers who choose the best lender to work with. The situation is similar for prospective borrowers who earn a living from self-employment or as a business owner. Read More