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MARKET COMMENT Mortgage bond prices finished the week near unchanged which kept rates flat. Rates improved Monday morning only to give back the gains Tuesday. Housing starts were 1.314M versus the expected 1.3M. Trade tensions flared as the House and Senate passed the Human Rights and Democracy Act and China responded with a sharp response … Continue reading MIG Market Watch, November 25th, 2019
Are you looking forward to Thanksgiving this year? Maybe you’re even in charge of the family feast and have the menu of turkey, stuffing, and yummy desserts already planned. If you’re looking around your home and finding the holiday décor is lacking, there’s still time to create a stylish space to add to the atmosphere … Continue reading Easy Thanksgiving Decorating Ideas
MARKET COMMENT Mortgage bond prices finished the week higher which put downward pressure on mortgage interest rates. Rates were neutral to better almost every day of the shortened trading week. Consumer prices rose 0.4% and the core rate, which excludes the volatile food and energy costs, rose 0.2%. Traders expected CPI to rise 0.3% and … Continue reading MIG Market Watch, November 18th, 2019
With Veterans Day coming up this month, now is a prime time to consider taking advantage of our VA loan program. We waive all lender fees ($1,125) for qualified veterans and their spouses as our commitment to serve those who served for us There are lots of options under the program that can be used … Continue reading VA Loan Options Veterans Should Know About and Understand
You probably know you need good credit to buy a home but may not understand exactly what that means. How good does it need to be? And are there options if your credit is low? Your credit scores drive your ability to get approved for all types of loans, including mortgage loans. People with great … Continue reading How Your Credit Scores Impact Mortgage Rates
MARKET COMMENT Mortgage bond prices finished the week higher which put downward pressure on mortgage interest rates. Rates were negative the beginning of the week as stocks were sharply higher. The S&P CoreLogic Case-Shiller Home Price Index showed housing prices rose 3.2% annually on a national level. Economists’ estimated an increase of 2.5%. Rates pushed … Continue reading MIG Market Watch, November 4th, 2019
