Rising Mortgage Rates: Three Things To Keep an Eye On

Thanks to historically low mortgage interest rates, many have been able to live the American dream and purchase a home. Mid-September figures for the 30-year fix-rate mortgage had a national average of 4.28 percent but we all know good things come to an end. Just as 2015 comes around the corner, many real estate professionals and economists […]

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Mortgage Rate News for Friday, November 21, 2014

So guess what happened yesterday?  Not a whole lot.  Despite a slew of economic data that was on balance pretty decent, our markets held their ground, and mortgage rates ended the day virtually unchanged.  On the whole, mortgage rates improved a bit this week, with the average 30-year fixed-rate mortgage falling to 3.99% according to […]

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Planning for Retirement? Consider Pre-paying Your Mortgage

As you look ahead to retirement, you face a number of decisions for your changing financial future. This includes deciding whether to move to a new city for your retirement years, changing your lifestyle to live on your retirement income and potentially pre-paying your mortgage. Some retirees may have already paid off their mortgage years ago, but others have continued with this monthly […]

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Mortgage Rate News for Thursday, November 20, 2014

Yesterday, mortgage backed securities started the day flat, and ended the day flat.  In between there was some volatility.  Mortgage rates remained approximately the same, for what seems like the umpteenth day in a row. (For the uninitiated, mortgage rates are basically a function of the yield on mortgage backed securities.  When MBS prices rise, […]

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Mortgage Rate News for Wednesday, November 19, 2014

“It was a monotonous job, and Yossarian was disappointed to learn that the lives of enlisted men were only slightly more interesting than the lives of officers. After the first day he had no curiosity at all. To break the monotony he invented games. Death to all modifiers, he declared one day, and out of […]

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Why Close a Mortgage Before the End of the Year?

With the holidays inching closer and the New Year not far behind, you may be thinking it’s too late to close on a new loan by January 1st—or that it’s not worth the hassle during an already hectic time of the year. There’s still time. Get pre-approved by the end of November, and we’ll close your […]

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How to De-Popcorn a Ceiling

Nobody likes popcorn ceilings. They’re clumpy and dingy, and the older the house, the more likely they are to be keeping collections of dust and cobwebs. Sometimes, they even glitter.

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Mortgage Rate News for Tuesday, November 18, 2014

Over the course of the last week or so, mortgage backed securities have rallied a bit, and mortgage rates have dipped a little.  This morning MBS began the day with a rally, but if recent history is any indicator, that rally will slowly peter out and the market will likely end somewhere around unchanged. There […]

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