Today mortgage rates dropped to their lowest in over a year. A variety of contributors are to thank for the rate drop such as uncertain market outcomes of Brexit, The 10 year Treasury auction, and favorable economic data. Because a…
For the last few months rates have been gradually going down. Mostly due to an oversupply of homes on the market and uncertainty about the state of the economy. As of today the rates have taken a turn and began…
The initial goal of building equity in a home it to own the home outright. However life often gets in the way and people need money for various reasons. One way to access money as a homeowner is to refinance…
When a person purchases a home, there are many terms that they learn such as what a refinance is. A refinance is to renegotiate the terms of a current loan into a new loan entirely. There are many benefits to…
The confidence consumers have in housing has picked up steam, but not because of the market outright. According to the August Fannie Mae Home Purchase Sentiment Index® (HPSI), at 88 points, the gauge grew 1.5 percentage points month-over-month. However, the…
