Mortgage rates fell to 3.84% in mid-June according to Freddie Mac, but could they go lower? A lot lower? Even the lowest they’ve been in 50 years? Mortgage rate commentator Barry Habib is making.
Consumer spending is expected to rebound this quarter after a slowdown during the winter. The Labor Department reported Friday that employers added a solid 196,000 jobs in March, up sharply from the.
Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst. But several forecasts point to a potential slowdown on the horizon, which is a welcome sign for the mortgage business, according to the Mortgage Bankers Association.
Expected slowdown in remodeling is good news for mortgage business 2 months ago admin Remodeling activity stepped up in recent years as homeowners stayed put for nearly twice as long as before the housing bubble burst.
Get up to date information for home buyers. We regularly publish articles on loans, mortgage news, and more. Come say hello!. Good news is typically bad news for bonds and home loan rates.. bad news by way of worse-than-expected economic numbers in Europe cast a dark shadow on the.
Originations of single-family first-lien mortgages are predicted to slide around 8% to $1.66 trillion amid a slowdown in home sales growth and lower refinance volume due to higher mortgage rates.
The Trump bump has faded, and the real estate market is expected to soften into 2019. The annual growth in national home improvement and repair spending by Americans is expected to slow in 2019, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the remodeling futures program at the Joint Center for Housing Studies of Harvard University.
People on the move: Dec. 15 GSEs want to do more single-family rental financing Over the last year or so, Fannie Mae and Freddie Mac both expanded their presence in the single-family rental market, with both of the GSEs beginning to fund single-family rental investments for.People on the Move: Dec. 16. The Des Moines Register Published 11:04 p.m. CT Dec. 15, 2016 CLOSE. MORE. NEW JOBS.
This won’t be the only cut in interest rates we see in coming months – which may be good news for people with mortgages, but it’s a bad sign for the economy in which we live and work.
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5 reasons nonbank mortgage lenders look to break new ground From there, think of bonds like loans the Fed has invested in. In that sense, the Fed is a mortgage lender. This is one of the key reasons that the bond market has been able to hold ground near.Walter sets new date for return from bankruptcy About Bankruptcy Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity.People on the move: Feb. 9 Supervisors vote 5 to 3 to lower fee from $50 to $15; move could. The idea was first floated by board Chairman Corey A. Stewart (R-At Large) in January, but a move Feb. 9 to make it happen failed on a 4 to 4 vote.. An average of 160 people apply for permits each week, the clerk told the supervisors.
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