My Recent Blogs

12 Dec

New FHFA Maximum Conforming Loan Limits for 2020

The Federal Housing Finance Agency (FHFA) recently announced that maximum limits for conforming loan mortgages will increase in 2020. This is positive news for those who are thinking about purchasing a home in the new year. Since home prices are increasing, buyers who may have otherwise needed a jumbo loan to pay for their new … Continue reading New FHFA Maximum Conforming Loan Limits for 2020 →

MIG Market Watch, December 9th, 2019

MARKET COMMENT Mortgage bond prices finished the week lower which put upward pressure on rates. We started the week on a bad note when traders focused on reports the Federal Reserve is considering changing their 2% inflation rule to allow an overshoot. The Fed would like to see some indicators exceed the 2% mark so … Continue reading MIG Market Watch, December 9th, 2019 →

MIG Market Watch, December 2nd, 2019

MARKET COMMENT Mortgage bond prices finished the week near unchanged which kept rates flat again last week. Rates improved Monday and Tuesday only to give back the gains Wednesday. The FHFA house price index rose 0.6% versus the expected 0.4% increase. New home sales were 733K. Analysts expected a reading of 710K. Consumer confidence countered … Continue reading MIG Market Watch, December 2nd, 2019 →

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