by sgomes | Sep 22, 2023 | Home Equity, Mortgage Rates
A home equity loan and a home equity line of credit (HELOC) are both types of loans that are secured by a borrower’s home. However, there are some key differences between a home equity loan and a HELOC. A home equity loan is a fixed-term loan that is granted by a...
by sgomes | Jun 2, 2023 | Mortgage Rates
By: Matthew Graham, Wed, May 31 2023, 4:43 PM: After hitting the highest levels in several months last Friday, mortgage rates have fallen fairly quickly in the new week. As bond markets improved this afternoon, many lenders were able to make mid-day adjustments. ...
by sgomes | May 15, 2023 | Mortgage Rates
By: Jann Swanson, Wed May 10, 2023, 8:24 AM: The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a...
by sgomes | May 10, 2023 | Housing, Mortgage Rates
The housing market’s been going through a lot of change lately, and there has been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what is next with home prices and mortgage rates, or what the best advice...
by sgomes | May 10, 2023 | Mortgage Rates
By: Matthew Graham, Wed, May 3 2023, 4:27 PM: The implication of “Fed rate hikes” is a constant source of confusion in the housing market. The general belief is that the Fed controls rates and if they’re hiking, then rates are going higher. ...
