by Candace Ellington | Jul 16, 2020 | Mortgage News
This spring, a key housing index fell to a record low amid the COVID-19 pandemic. Much to the surprise of many, the market bounced back impressively thanks to consumer confidence and ultra-low interest rates. Fannie Mae’s Purchase Sentiment Index fell 29.5 points in...
by Candace Ellington | Jun 22, 2020 | Mortgage News
The COVID-19 pandemic poses serious health and economic challenges. The extent of the harm also touched the confidence of even the biggest economic drivers of the real estate market: homebuilders. It was April when the prospects of shuttered businesses and a prolonged...
by Candace Ellington | Mar 20, 2020 | Mortgage News
You may have heard about it, but as a first-time homebuyer, you may have questions about private mortgage insurance (PMI). Let’s start with who pays for it. The most common arrangement is for the borrower to include PMI payments in their monthly mortgage. You’ll learn...
by Candace Ellington | Mar 3, 2020 | Mortgage News
Prime homebuying season (spring) will soon be in full swing. As home buyers and sellers prepare for a successful experience, there are several actions you can do today to maximize your efforts. If you’ve decided on selling your home this year, here are a few ways to...
by Candace Ellington | Feb 12, 2020 | Mortgage News
Spurred by ongoing reductions to mortgage rates, the refinancing world is spinning a little faster these days. According to the Mortgage Banker Association, the volume of loan applications rose substantially to close out the first month of the year. The association's...