Tappable Equity Reaches Record High
The latest ICE Mortgage Monitor report reveals that tappable home equity in the US has soared to an unprecedented $11.5 trillion, with 60% o…
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30 Second Market Update
Home Price Update: Why Waiting Could Cost You
The Case Shiller Home Price Index, the top standard for measuring home values, showed a 0.3% rise in home prices for May, hitting a new reco…
Read moreHome Sales Drop, But There’s Hope Ahead
Home sales dropped 5.4% in June, more than the expected 3%. This is a 5.4% decrease from last year. The report likely reflects home shopping…
Read moreLower Rates Could Support a Refinance Rally
Analysts at the Investment banking company Jefferies, predict that upcoming Federal Reserve rate cuts could trigger a significant refinance…
Read moreUnderstanding The Real Story Behind Housing Inventory and Prices
Lately, there have been many stories suggesting that there are a lot more houses for sale, prices are dropping drastically, and home values…
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Get pre-qualified Call 800-778-9044National Home Prices Keep Going Up!
The Case Shiller Home Price Index, a trusted measure for home value changes, showed that prices went up by 0.3% in April, hitting a new reco…
Read moreRents and Mortgage Rates
CoreLogic released their Rental Report for the month of April, showing that rents were up 3% year over year, down from 3.4% in the previous…
Read moreBond Friendly Inflation News
The May Consumer Price Index (CPI) showed no overall inflation, better than the expected 0.1% rise. Year-over-year inflation dropped from 3.…
Read moreMortgage Rates Moving in the Right Direction
Last week we saw rates decline at the beginning of the week as some bond-friendly news hit the markets. On Monday the ISM index dropped from…
Read moreHome Price Gains Continue
The Case Shiller Home Price Index, which is seen as the industry’s most accurate gauge of home appreciation, showed that home prices rose 0.…
Read moreExisting Home Sales Dip but Demand is Still Hot
The National Association of Realtors released their Existing Home Sales report last week for the month of April. It showed that closings on…
Read moreWelcome News as Consumer Inflation Cools
Last week there was welcome news via the Bureau of Labor Statistics’ Consumer Price Index (CPI) which showed that inflation on the consumer…
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