Finding Your Dream Home: A Guide to a Successful Home Search with a Pre-Approval
Anyone planning to buy a home is anticipating the home-hunting process. Finding your home's budget comes first after receiving a pre-approval. This can help you determine what kind of home you can seek and what you can afford. After receiving a pre-approval, you can...
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Real Estate
Mortgage Rates Drop, Could Fall Further
Fixed mortgage rates took a tumble this past week and, barring an exceptionally strong employment report, are likely to improve further. Thirty-year...
6-Year High for MTA
More than six years have elapsed since the Monthly Treasury Average has been this high even as a more widely utilized index has retreated. As of...
Another Increase for COFI
For the fourth consecutive month, the Cost of Funds Index has risen over the previous month. Another index, though, has been falling. The 11th...
Mortgage Rates Could Reverse Rise
Long-term fixed rates on residential loans turned sharply higher this past week. But indications are that all of the increase could be reversed in...
Appraisal Services Technology Enhanced
Several mortgage service providers that offer appraisal technology have recently announced enhancements that are designed to help residential...
FHA Delinquency Sinks, New Applications Jump
Although monthly government-insured mortgage production was little changed, new loan applications surged and mortgage delinquency tumbled. For the...