by Candace Ellington | Sep 27, 2019 | Mortgage News
A new report by CoreLogic found that the amount of equity homeowners have in their homes is at an all-time high. The data company reported that the national share of homes with negative equity fell to just 3.8 percent, and since the second quarter of 2018, 151,000...
by Candace Ellington | Sep 12, 2019 | Mortgage News
Low mortgage rates have created a high number of homeowners who are eligible for refinancing, according to a recent report by Black Knight. The report, which used comparison data from as far back as 2000, found that approximately half of all homeowners are currently...
by Candace Ellington | Aug 15, 2019 | Mortgage News
For the 14th month in a row, the rate at which homes prices are increasing has slowed down. In May, prices saw just a 3.4 percent annual increase according to the S&P CoreLogic Case-Shiller National Home Price Index. Nationwide, the top 10 metro areas in the...
by Candace Ellington | Aug 2, 2019 | Mortgage News
The Federal Reserve’s decision to cut interest rates 25 basis points for the first time in over a decade marked a dramatic shift in monetary policy. For consumers, the cut could mean a reprieve in escalating borrowing costs, which can impact your mortgage, home equity...
by Candace Ellington | Apr 5, 2019 | Mortgage News
Homebuyers got a big boost to their purchasing power this week thanks to falling mortgage rates. The average rate on the 30-year fixed-rate mortgage fell to 4.06 percent with an average 0.5 point for the week ending Thursday, down from last week when it averaged 4.28...
