Higher Home Prices

Home prices are rising again as mortgage rates remain low

Low mortgage rates in the United States are finally beginning to drive price increases in the housing market. It’s a trend some analysts believe is going to pick up steam over the next year. For months, the low 30-year fixed mortgage rate (now hovering between 3.5% and 3.6%) has been encouraging a boom in refinance […]

Starter Home

Low mortgages won’t help first-time homebuyers if the inventory isn’t there

As 30-year fixed mortgage rates continue to plummet in the United States, many existing homeowners are taking advantage of the trend by joining the wave of refinancing.  Even with larger economic forces raising concerns about the U.S. economy, the housing market continues to broadly offer investment and savings opportunities that haven’t been around since November […]

Keys to home

Refinancing boom has mortgage brokers swamped with applications

The surge in mortgage refinancing applications in 2019, led by prolonged falling interest rates in the United States, has work piling up for the mortgage brokers who are processing them.  Compared to a year ago this past week, refinancing applications were up an incredible 116%, according to the Mortgage Bankers Association.  With the 30-year fixed […]