Election Unexpectedly Sparks Massive Rate Spike

Heading into the election, interest rates tended to rise with Clinton's chances of victory. But it was a Trump victory that sent rates on their wildest ride since the 2013 Taper Tantrum. Why?! Mortgage rates are based primarily on trading levels in mortgage-backed-securities, which are part of the broader bond market.  When investors buy [...]

2017-04-06T19:16:11+00:00November 16, 2016|Economics 101, Loan Update 101|

Why Veterans and Active Military Homebuyers Love VA Loans

VA loans are one source of funding that an increasing number of qualifying homebuyers who are or have been in the U.S. military have found to be highly beneficial. VA loans are available to qualifying active-service military personnel and veterans and are a wonderful benefit the U.S. Department of Veterans Affairs offers these brave [...]

2017-04-06T19:17:05+00:00November 2, 2016|Loan Update 101|

The Real Estate Landscape: Then and Now (Infographic)

If you're in the market for a new home today, you have probably researched things like the latest mortgage rates and average home prices. If you're in the market for a new home today, you have probably researched the latest residential mortgage rates and average home prices. These are important statistics to know. After [...]

2017-04-06T19:17:58+00:00November 2, 2016|Economics 101|