mortgage banker: Real Estate and Finance - Same Story Different Day - 03/30/19 09:02 AM
The past few weeks have been steady as she goes, so I'm going to mail in this post.  Interest rates took a nice dip last week and continue to hold ground just north of 4%, lending support to the housing market, while real estate remains stable with moderate softening.  Existing home sales came in at a bistering 12% month over month gain in February and are down slightly from February 2018.
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mortgage banker: Real Estate Gains Footing While Fed Policy Suggests Trouble Ahead - 03/23/19 05:50 AM
If you've followed my previous blogs, I've postured that the slowdown in real estate was a brief pause, rather than a substantial decline in the market.  February's existing home sales bounced back with a blistering 12% increase over January, but still down 2% year over year.....I'll take it!  The real estate market remains strong as we head into spring and I expect we'll see healthy numbers throughout the year. 
Interest rates took an unexpected drop this past week erasing increases we saw in the fourth quarter of 2018.  This is welcome news, rates are now solidly below 4.5% from a high of 5%, however, … (0 comments)

mortgage banker: Weekly Economic Wrap Up - Mortgage Rates and Housing - 12/22/18 05:43 AM
 
 
 
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mortgage banker: Fewer Interest Rate Hikes Expected in 2019 - 12/10/18 06:02 AM

 
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mortgage banker: Will Rising Rates Threaten Home Price Gains - 02/02/18 06:17 AM
 
The following is the latest analysis written by our head of capital markets.  The primary takeaway is we are squarely in a rising rate environment.  Our projection for 2018 is for rates to top out in the high 4% range, while these levels will remain supportive of the housing market, it will certainly put a damper on future price gains.  If you are seriously in the market to purchase a home, then the time is now, we anticipate the most servere rate increases in the middle and second half of the year.  The good news is you should be able to … (0 comments)

mortgage banker: Little Rocket Man A Frenemy To Mortgage Rates While Feds Taper Assets - 09/23/17 06:17 AM
 
 George DeVine is a residential mortgage banker and the RI branch manager with Atlantic Home Loans.  George  has nearly thirty year's experience in the business and would welcome a call or email if you're looking for expert consultation for your next real estate purchase.  gdevine@goahl.com 401 301 0130.
 
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George DeVine, Mortgage Banker (Atlantic Home Loans) Rainmaker large

George DeVine

Mortgage Banker

East Greenwich, RI

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Atlantic Home Loans

Address: 694 Main Street, East Greenwich, RI, 02818

Office: (401) 301-0130

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