Translate this page:
![Mortgage Investors Group in [Dynamic1]](../assets/images/mortgage-investors-group.svg)
MARKET COMMENT Mortgage bond prices finished the week lower which put upward pressure on rates. Existing home sales printed at 5.38M units. This was lower than the expected 5.45M. Housing prices continued to climb, according to the FHFA Housing Price Index prices rose 0.2% in May and were up 6.4% over the last 12 months. … Continue reading MIG Market Watch, July 30th, 2018
Before long, the leaves will be falling, and parents everywhere will be packing lunches, carpooling and signing permission slips. Schedules for most families will change drastically with the approach of another new school year, but it is possible to make a smooth transition. Help your family get organized and ready to head back to school … Continue reading Get Your Home Organized and Ready to go Back to School
Repairing, painting and maintaining your home’s exterior, whether you are handy and motivated or prefer to hire a professional, is one of the best investments you can make in caring for your home. It’s like giving your home a facelift and greatly enhances its curb appeal and resale value. But it’s not just about appearances … Continue reading Tips and Tricks to Paint Your Home’s Exterior
MARKET COMMENT Mortgage bond prices finished the week lower which put upward pressure on rates. Retail sales, an indication of the strength of the consumer, rose 0.5%. Sales excluding automobiles rose 0.4%. That data was near expectations however May’s report was revised upward. Industrial Production rose 0.6% versus the expected 0.5% increase. Capacity Utilization was … Continue reading MIG Market Watch, July 23rd, 2018
Student loan debt is the largest type of debt held by Americans, following mortgages. And for some, they are not only a source of pressure but an area where inaccurate information can be costly. In 2018, about 44 million U.S. residents owe nearly 41.5 trillion in student loan debt. That’s a lot of education! The … Continue reading Student Loan Myths that Are Costing You Money
MARKET COMMENT Mortgage bond prices finished the week lower which put upward pressure on rates. Trade was negative Monday as stocks were stronger. Producer prices rose 0.3% and the core value, which excludes the volatile food and energy components, also rose 0.3%. Economists expected both components to rise 0.2%. The cost to produce is rising … Continue reading MIG Market Watch, July 16th, 2018
Do you cringe with embarrassment when you open the door to your garage, or worse yet when a friend or stranger has to enter your garage? Well, you’re not alone! Garages can be like one large junk drawer if we are not mindful of maintaining them as we go about our lives. You should set … Continue reading Unique Ways to Clean Up Your Garage
MARKET COMMENT Mortgage bond prices finished the week near unchanged which kept rates steady. Trade was quiet amid thin trading conditions surrounding the holiday. ISM index was 60.2 vs the expected 59. Factory orders rose 0.4% versus the expected 0.1% increase. ADP employment was 177 vs the expected 180K. Weekly jobless claims were 231k, expected … Continue reading MIG Market Watch, July 9th, 2018
Let’s face it, buying a home is a big deal. In fact, it is usually the biggest actual financial deal you will make in your life! It is complex for sure, and your time and energy get taken up with real estate agents and lenders for an intense and concentrated duration of time. How do … Continue reading When It’s Time to Speak to a Mortgage Professional
Did you ace American history in school? Well, get ready to be surprised by these fun facts about the birth of our nation! John Adams actually declared our independence on July 2. It just took a couple of days for the word to spread (no Twitter back then). The only person to sign the Declaration … Continue reading How well do you know U.S. History?
6 WAYS YOU’RE WASTING ENERGY & MONEY …And How to Stop! Let’s face it: As soon as the summer heat really kicks in and you turn on the AC for the first time, you start to dread seeing your next energy bill. But while we know air conditioning can be a major energy sucker, there … Continue reading 6 Ways You’re Wasting Energy & Money
The mortgage application process is a necessary part of home buying, and being prepared can make the difference between a rejection and an approval. Following the financial crisis of 2008, standards were tightened considerably. Recently, however, more applications seem to be opening up for hopeful house hunters. Conventional mortgages do have a higher approval rating … Continue reading Top 3 Reasons Mortgage Applications are Denied
