Credit Availability Drops Off Cliff: The Mortgage Credit Availability Index measures on a monthly basis the availability of different types of mortgages to consumers. These include traditional …
The Mortgage Market Improves, But the War Rages On.
The Federal Reserve’s continued buying of Mortgage-Backed Securities has resulted in stability returning to the secondary markets. However, mortgage borrowers, lenders, and investors alike must …
Continue Reading about The Mortgage Market Improves, But the War Rages On. →
URGENT MARKET UPDATE FOR ALL MORTGAGE BORROWERS:
With the travel ban, suspensions and cancelations of sporting events, school closings, and more, the Covid-19 virus is causing widespread panic. After about two weeks of market volatility and …
Continue Reading about URGENT MARKET UPDATE FOR ALL MORTGAGE BORROWERS: →
The Lowest Mortgage Rates EVER!
Never before 2009 had thirty-year fixed-rate mortgages fallen below 5%. Yet, despite all logical predictions over this past decade for rates to rise, they have remained at these historically low …
A New & Unique Way to Buy A Home…Without A Mortgage!
In high-cost areas, many people find it challenging to own a home due to high home prices, high mortgage payments, or lack of even a modest down payment. A start-up company in Pittsburgh has created …
Continue Reading about A New & Unique Way to Buy A Home…Without A Mortgage! →
The Most Unusual Homes in the World
Most neighborhoods in the United States reflect a certain uniformity. As a result of economies of scale utilized by builders as well as local zoning laws requiring a sameness across the neighborhood, …
Continue Reading about The Most Unusual Homes in the World →
