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Mortgage Rates Dropping Like a Rock

David Braun – Mortgage Rates Dropping Like a Rock Mortgage rates dropped like a rock today.  This has absolutely nothing to do with yesterday’s Fed rate cut, a little to do with the market reaction to the verbiage in yesterday’s Fed announcement, and a lot to do with today’s new developments.  Chinese officials were cited as …

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What Will Improve Your Credit Score

Many things can positively impact your credit score.
1. Consistently pay bills on time and in full.
2. Check your credit report regularly for accuracy.
3. Keep your account balances around or below 30% of your credit limit.

Mortgage Rates Fell Again, But There’s a Catch

Mortgage rates dropped at a modest pace for the 3rd straight day on Thursday.  This brings them back in line with levels seen at the end of last week.  That’s notable because many media outlets–even some with a focus on mortgages and real estate–are running articles saying that rates are higher this week.  While it’s true that …

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best mortgage rate ever

Non-conventional sources mortgage loans

More than a quarter of new home purchases in 2018 were financed through non-conventional sources.  Data from the Census Bureau’s Survey of Construction shows that, while the new home market was dominated by loans from Fannie and Freddie Mac, other funding accounted for 28.6 percent of new home purchases. Danushka Nanayakkara-Skillington analyzed the data for …

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