Jobs report = bad news for borrowers
The November employment report brings good news to the economy but should serve as a wake-up call to mortgage borrowers.
Posted in Mortgages
Tagged Federal Reserve, jobs report, mortgage rates, Mortgages, news
Comments Off on Jobs report = bad news for borrowers
October home sales soar
Buyers don't seem fazed by higher mortgage rates as home sales surge.
Privatize Fannie and Freddie?
Investors are sniffing around the two mortgage companies, but the effect on rates is unclear.
Winter homebuyers driven by deals
Buyers who were frozen out in the spring and summer will seek deals this winter.
Posted in Mortgages
Tagged buyers, homebuyers, inventory, Mortgages, realtor.com, winter
Comments Off on Winter homebuyers driven by deals
Where loan limits rise in 2014
Mortgage loan limits will rise in 18 counties next year but remain the same elsewhere.
Posted in Mortgages
Tagged conforming, FHFA, jumbo mortgages, limit, Mortgages
Comments Off on Where loan limits rise in 2014
Pending home sales: Not all bad
California saw the biggest decline in signed home contracts, while the Northeast gained.
NAR: Build more houses, please!
In a market with tight inventory, California homes are selling the fastest.
Making mortgages easier to understand
Will these loan disclosure forms make it easier for consumers to understand their mortgages?
Posted in Mortgages
Tagged CFPB, disclosure rules, hud1, loan disclosure, loan estimate form, Mortgages, news
Comments Off on Making mortgages easier to understand
Builder confidence holds steady
Economic fears and building costs tamped down expectations for new home construction.
Chase settles $4B with homeowners
JPMorgan Chase reached a $13 billion settlement over the sale of troubled mortgages.