Existing Home Sales Indicate No Slowdown

Sales of existing homes in the U.S. in August hit peak levels not seen since March 2006 as home buyers swarmed back to the market to secure record low loan fees as mortgage rates are on a rise. This report is an indication of ongoing strength in the housing market recovery. On Sept 19, the Read more about Existing Home Sales Indicate No Slowdown[…]

A New First – Jumbo Rates Beat Conforming

A really weird thing has taken place in the lending world and has never occurred before, jumbo home loan rates have fallen below conforming loans attributed to government policy and banks with lots of money hell bent on lending because of reduced funding costs. The Mortgage Bankers Association reports that the 30-year fixed conforming rate Read more about A New First – Jumbo Rates Beat Conforming[…]