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 | 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...
by Candace Ellington | Jan 28, 2020 | Mortgage News
A recently released survey conducted by the National Association of Realtors (NAR) shares a common finding between that of the National Housing Survey (NHS) conducted by Fannie Mae. Specifically, 63 percent of respondents to NAR's fourth quarter Housing Opportunities...
by Candace Ellington | Jan 8, 2020 | Mortgage News
This past year brought many unexpected and exciting trends in the mortgage world; namely, significant drops in rates that surprised industry experts and homebuyers alike. Industry forecasters are predicting that 2020 will be another banner year for low rates,...
by Candace Ellington | Oct 30, 2019 | Mortgage News
With the recent decline in interest rates, we are in the midst of what market forecasters are calling a mortgage refinance “boom.” One study by Black Knight estimated that, as of July 2019, nearly 8 million homeowners were eligible for a mortgage refinance. If you own...
