I sometimes forget your average homeowner doesn’t know it all when it comes to mortgages. They’re complex and confusing and what might seem obvious to… Read More »You Need a Buffer When Tapping Your Home Equity
The Federal Reserve rate cuts that are now projected as soon as next month will likely only lower short-term rates. That means those who are… Read More »The Fed Rate Cuts Will Only Make ARMs and HELOCs Cheaper
While mortgage rates are currently the lowest they’ve been all year, additional improvement might be hard to come by soon. In case you missed it,… Read More »Can Mortgage Rates Get Any Better By the Next Fed Meeting?
About five years ago, Chase Bank got rid of its home equity line of credit (HELOC) due to market conditions. Blame it on the pandemic,… Read More »Chase Brings Back Their Home Equity Line of Credit. Is It a Good Deal?
Let’s talk about the top mortgage lenders in Connecticut, based on their total loan volume. Nearly 550 companies originated home loans in The Constitution State… Read More »Top Mortgage Lenders in Connecticut
While Jerome Powell made it known he wouldn’t be bullied into lowering rates, he indicated that deteriorating economic data may warrant cuts regardless. During a… Read More »Mortgage Rates Move Lower After Powell Speech at Jackson Hole
I’m seeing more people buy into the idea, or perhaps myth, that mortgage rates will drop when the Fed makes its next interest rate decision.… Read More »Don’t Circle September 17th on Your Calendar as Mortgage Rate Drop Day
I got to thinking the other day that absent bad jobs numbers, it will be difficult for mortgage rates to move much lower anytime soon.… Read More »How Will Mortgage Rates Move Lower Without Bad Jobs Numbers?
You may have heard that Warren Buffett’s Berkshire Hathaway bought shares in a pair of home builders last quarter. The company released its latest 13-F… Read More »Buffett Bought Home Builders Again. Is It a Play on Lower Mortgage Rates?
Today we’ll take a look at the top USDA lenders by loan volume in 2024. In case you need a refresher, USDA loans are reserved… Read More »Top USDA Lenders in 2024: UWM Beat Out DHI Mortgage for the #1 Spot
