mortgage rates: The 2017 Mortgage Rate Outlook: Here’s What the Experts Are Saying - 02/16/17 05:03 AM
The post-election period is often one of uncertainty, and the time since the 2016 election has been no different with regards to market force and the financial world. With a new administration taking office, there are many questions regarding how Donald Trump’s presidency will impact the market and your mortgage. If you’re wondering what the predictions are for the coming year, here are a few things the experts are considering.Continue here: The 2017 Mortgage Rate Outlook: Here’s What the Experts Are Saying
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mortgage rates: What’s Ahead For Mortgage Rates This Week – February 13, 2017 - 02/14/17 04:38 AM
Last week’s scheduled economic readings were limited and included new jobless claims and Freddie Mac’s mortgage rates survey. In other news, all types of mortgage applications rose by 2.30 percent this week as compared to the prior week. Continue here: What’s Ahead For Mortgage Rates This Week – February 13, 2017
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mortgage rates: Worried About Future Mortgage Rate Increases? Here’s How to ‘Stress Test’ Your Finances - 02/09/17 04:24 AM
When it comes to real estate, there are always going to be upswings in the market that will have an impact on your mortgage payment and overall financial health. However, with a fluctuating market here to stay, you may be wondering how you can guard your biggest investment and your finances against rate increases. If you’re concerned about rates on the rise, here are a few tips to test out you’re fiscal well-being. Continue here: Worried About Future Mortgage Rate Increases? Here’s How to ‘Stress Test’ Your Finances
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mortgage rates: What’s Ahead For Mortgage Rates This Week – February 6, 2017 - 02/07/17 04:07 AM
Last week’s economic news included several good signs for U.S. Labor Markets with higher than expected readings for private and public sector job creation. The Federal Reserve announced its decision not to raise the target federal funds range, and inflation rose. Mortgage rates held steady and pending home sales rose. Continue here: What’s Ahead For Mortgage Rates This Week – February 6, 2017
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mortgage rates: The First-Time Home Buyer’s Guide to Getting the Best Possible Mortgage Rate - 02/03/17 06:52 AM
Whether they’re found online or heard from family and friends, there are so many mortgage tips out there that it can be hard to know exactly how to proceed. But, if you’re new to the market, there are a few surefire things you can do to get a mortgage rate you’ll feel good about. For some of the best tips on getting a great loan, look no further than the following. Continue here: The First-Time Home Buyer’s Guide to Getting the Best Possible Mortgage Rate
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mortgage rates: What’s Ahead For Mortgage Rates This Week – January 30, 2017 - 01/31/17 04:38 AM
Last week’s economic news included readings on new and existing home sales and mortgage rates. Also released were reports on new jobless claims and consumer sentiment.Continue here: What’s Ahead For Mortgage Rates This Week – January 30, 2017
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mortgage rates: What’s Ahead For Mortgage Rates This Week – January 23, 2017 - 01/24/17 04:15 AM
Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were released as scheduled. Continue here: What’s Ahead For Mortgage Rates This Week – January 23, 2017
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mortgage rates: What’s Ahead For Mortgage Rates This Week – January 9, 2017 - 01/10/17 04:46 AM
2017 started with good news; fixed mortgage rates were lower, but the national unemployment rate ticked upward and labor reports showed fewer openings for public and private sector jobs. Construction spending was higher in November. Continue here: What’s Ahead For Mortgage Rates This Week – January 9, 2017
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mortgage rates: What’s Ahead For Mortgage Rates This Week – December 12, 2016 - 12/13/16 04:50 AM
As 2017 winds down, analysts are forecasting economic developments for 2017. Forbes identified three indicators that the U.S. housing market has recovered. Mortgage rates rose again last week; jobless claims fell and consumer sentiment jumped rose five points. Continue here: What’s Ahead For Mortgage Rates This Week – December 12, 2016
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mortgage rates: Small Business Owner? Here’s What You Need To Know About Mortgages - 07/25/14 01:45 AM
 

 
If you are an entrepreneur or a small business owner, you probably know that there are a lot of advantages to this lifestyle – the freedom, the exciting challenges, the opportunities and the ability to make a living doing what you love.
 
However, you also know that being a small business owner can make some things more challenging – such as apply for a mortgage for your home.
Many small business owners find it tough to get approved for a mortgage, because their income can be erratic and the banks want to see proof of consistent earnings … (0 comments)

mortgage rates: FOMC Statement Shows Tapering Of Quantitative Easing Purchases - 02/04/14 08:19 PM
According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed’s monthly asset purchases.
The adjustment will be made in February and cuts monthly purchases of mortgage backed securities from $35 billion to $30 billion and monthly purchases of Treasury securities from $40 billion to $35 billion.
FOMC began reducing its asset purchase under its quantitative easing program in January, when the monthly purchases of mortgage-backed securities and Treasury securities was reduced from $85 billion per month to $75 billion.
 
 
To read more visit
 
FOMC … (1 comments)

mortgage rates: What’s Ahead For Mortgage Rates This Week – December 9, 2013 - 12/08/13 11:23 PM
Last week brought several indicators of a strengthening economy. New home sales, private and federal employment and mortgage rates rose.
The Department of Commerce released construction spending numbers for October with mixed results. Although public projects fueled an 0.80 percent increase in month-to-month construction spending, residential construction fell by 0.60 percent.
Analysts had expected an increase of 0.50 percent and also noted that the negative effect of the government shutdown was a “blip.” October’s reading for construction spending was the highest since 2004.
 
 
To read more visit
 
What’s Ahead For Mortgage Rates This Week – December 9, 2013
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mortgage rates: Case Shiller Price Index Shows A Spike In Home Prices In The West - 12/03/13 01:18 AM
According to the S&P Case-Shiller 10-and 20-City Housing Market Indices for September, home prices grew at an average of 13.30 percent year-over-year and achieved the highest growth rate for home prices since February 2006.
On a month-to month basis, home prices are slowing in most areas with 19 cities included in the S&P 20-City Housing Market Index showing lower rates of growth in home prices. September’s average month-to-month growth rate was 1.0 percent for the 20-City HMI as compared to 0.90 percent in August, and 1.90 percent posted earlier in 2013.
Home prices increased by 0.70 percent in September for the … (0 comments)

mortgage rates: What’s Ahead For Mortgage Rates This Week – November 4, 2013 - 11/04/13 06:05 AM
Last week’s economic news came from a variety of sources. Most significant was the Fed’s Federal Open Market Committee statement after its meeting ended Wednesday. The statement indicated that the Fed saw moderate economic growth. FOMC did not taper its purchase of MBS and Treasury securities.
The FOMC statement announced the committee’s intention to closely monitor economic and financial developments ”in the coming months,” which suggested that the FOMC is taking a wait-and-see position on reducing its $85 billion monthly asset purchases.
 
To read more visit                                                                   
 
What’s Ahead For Mortgage Rates This Week – November 4, 2013
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mortgage rates: What You Should Know About Pending Home Sales This Month - 10/28/13 11:46 PM
Pending home sales fell in September by -5.60 percent, and were 1.20 percent lower year-over-year. This is the first time in more than two years that pending home sales have fallen below year-earlier readings. September’s reading was below August’s reading of -1.60 percent.
The National Association of REALTORS®, which released the report, expects lower home sales for the fourth quarter of 2013 and flat sales into 2014. NAR provided good news in its forecast of 10 percent growth in existing home sales in 2013 as compared to 2012.
 
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What You Should Know About Pending … (0 comments)

mortgage rates: Case Shiller Price Index Shows An Annual Growth Rate Of Home Prices - 09/28/13 09:35 PM
Home prices were still gaining in July, but for 15 of 20 cities included the S&P Case-Shiller 10 and 20-city Home Price Indices, the pace of increasing home prices is slowing down. National home prices rose by 1.80 percent in July as compared to 2.20 percent in June.
Home prices grew by 0.60 percent from June to July on a seasonally-adjusted basis. This was the lowest month-to-month gain since September 2012.
David Blitzer, index committee chairman of S&P Dow Jones Indices, said that higher mortgage rates are hitting the housing market. Mr. Blitzer noted that mortgage rates rose by more than … (0 comments)

mortgage rates: Pending Home Sales Indicates That The Housing Recovery Is Progressing - 08/29/13 01:52 AM
The National Association of REALTORS reported Wednesday that pending sales of existing homes fell by 1.30 percent in July.
According to the organization’s Pending Home Sales Index, this was the second straight month that pending home sales dropped. July’s Pending Home Sales Index reading was 109.50.
Signed Purchase Contracts For Existing Homes Tracked In The U.S.
·Northeast:  – 6.60 percent ·Midwest:    – 1.00 percent ·West:        - 4.90 percent ·South:       + 2.60 percent  
Pending Home Sales Indicates That The Housing Recovery Is Progressing
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mortgage rates: Case Shiller Price Index Shows Home Prices Are Still Increasing - 08/28/13 05:52 PM
Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June.  Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent.
This is the highest rate of monthly growth for home prices since the peak of the housing bubble in 2006. 
June’s home prices remained approximately 23 percent lower than peak prices, but economists consider the bubble peak an anomaly and caution against comparing current home prices to the peak prices seen in 2006.
 
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mortgage rates: What’s Ahead For Mortgage Rates This Week – August 26, 2013 - 08/26/13 04:23 PM
Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate.
Mortgage rates for fixed rate loans were higher, but the average rate for a 5/1 adjustable rate mortgage was unchanged from the prior week. Weekly jobless claims were also higher.
The National Association of REALTORS released its Existing Home Sales report for July and reported existing home sales came in at 5.39 million on an annualized basis.
This reading surpassed expectations of 5.21 existing homes sold as well as June’s reading of 5.06 million existing homes sold on an … (0 comments)

mortgage rates: What’s Ahead For Mortgage Rates This Week – August 5, 2013 - 08/05/13 01:25 AM
The past week brought encouraging economic news from several sources.
 
The FOMC statement indicated that the Federal Reserve has not set a date for rolling back its quantitative easing program and ADP reported more private sector jobs added than expected.
 
While weekly jobless claims were fewer than expected, the national unemployment rate remained elevated:
 
Monday: Pending Home Sales: The National Association of REALTORS reported that sales contracts fell in June due to rising mortgage rates and a tight inventory of available homes.
 
To learn more about the mortgage rates this week visit
 
 
 
What’s Ahead For Mortgage … (0 comments)

 
Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner, Chris Brown 407.367.2974 (Chris Brown | Certified Mortgage Planners) Rainmaker large

Chris Brown- Florida Home Loan Specialist | Certified Mortgage Planner

Chris Brown 407.367.2974

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