Tag Archives: news
Ho-hum GDP report keeps lid on mortgages
Today’s weak report on 2nd quarter gross domestic product is welcome news for mortgage shoppers. Continue reading
Matt LeBlanc says this isn’t his house
See how we stumbled on the biggest “Friends” housing puzzle since Monica’s too-fabulous apartment. Continue reading
Democrats: Expand federal role in housing
Housing is unaffordable for too many people, and government can help, according to the Democratic Party’s platform. Continue reading
Buying home? Sorry, sellers are in charge
It’s still a seller’s market out there in most places. So rejoice if you’re selling a house, and feel a bit apprehensive if you’re trying to find a house to buy. Continue reading
Is a foreign buyer in your home’s future?
Chinese buyers are the most prolific by far, according to the National Association of Realtors. From April 2015 to March this year, Chinese buyers spent more on American homes than the next 4 countries combined. Continue reading
GOP: Shrink Uncle Sam’s role in housing
Entering the Republican National Convention, Donald Trump’s views on housing policy remain fairly opaque. Continue reading
5 ways and reasons to refinance your mortgage
Mortgage rates have fallen to near record lows since last month’s Brexit vote, and many homeowners are refinancing. There’s more than just 1 way to refinance. Here are some of your options. Continue reading
How to figure out whether you should refinance the mortgage
A reader named Oscar notices that mortgage rates are near all-time lows. He asks: Mr. Lewis, what about people with less than a year-old loan — a 30-year fixed at 4%? Probably refinancing at 3.25%. Would it be worth the time on line in the bank? That’… Continue reading
Home-shoppers, the jobs report didn’t raise mortgage rates
Home-shoppers, be cheerful: Job growth in June was surprisingly high, but the news hasn’t had much effect on mortgage rates. They’re staying near record lows. Read this week’s mortgage analysis, in which the 30-year-fixed fell to just shy of its all-ti… Continue reading
Why you should consider locking your rate today
A word of caution to people who have are in the process of getting a mortgage and haven’t locked a rate: The June employment report comes out Friday morning, and it could affect mortgage rates. I’m not saying it will, but it could. RATE SEARCH: Shop to… Continue reading