Mortgage Industry News
Mortgage Application Activity Takes an Uptick
The seasonally adjusted Purchase Index increased 3% from one week earlier. Continue Reading Mortgage Application Activity Takes an Uptick
New Campaign Seeks to Raise Awareness of VA Loan Program
Recent data found only three in 10 veterans knew they could buy a home with a zero-down payment with the VA loan program. Continue Reading New Campaign Seeks to Raise Awareness of VA Loan Program
4 Steps to Take if You’re House Poor
Source: The Ascent --- If your housing expenses -- including mortgage payment, homeowners insurance, utilities, maintenance, and property taxes -- leave you with little left over each month, you may be called "house poor." The first thing to know is that there's no...
Mortgage rate buydowns: How Horry Co. builders are keeping prices up & buyers coming
Source: ABC 15 News --- HORRY COUNTY, S.C. (WPDE) — Not even the cold weather can cool down the housing market in Horry County, as home builders are finding creative ways to keep prices stable while also giving buyers more power. Mortgage rate buydowns are the latest...
Housing Market Update: $2,500 Monthly Budget Buys A $400,000 Home For First Time Since September As Rates Dip Below 6%
Source: Redfin --- Home sellers are starting to come off the sidelines to meet buyer demand as mortgage rates steadily decline, with new listings and pending sales both posting their smallest drops in four months. A homebuyer on a $2,500 monthly budget can afford a...
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