RECENT ARTICLES
Lowest rates in four months after inflation data
Today brought the scheduled monthly release of the Consumer Price Index (CPI). Of all the monthly economic reports, this one has had the biggest impact on the bond market and mortgage rates for roughly an entire [...]
Putting Numbers on Mortgage Job Cuts; Valuation Vendor News; The FTC and Non-Competes; Letter on Affordable Housing
By: Rob Chrisman Attorneys across the nation have taken note that the Federal Trade Commission has proposed a rule that would bar companies from requiring employees to sign a noncompete agreement, which limits workers' ability to leave [...]
Mortgage Rates Approaching 4-Month Lows
Last Friday was a great day for mortgage rates with two important economic reports helping the bond market make serious gains (read more). Mortgage lenders base their rates primarily on the bond market, but they aren't [...]
Article Archive
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Big Hit to Second Home and Investment Mortgages
BY: TED ROOD Mar 12 2021, 3:07PM Fannie Mae announced March 10 that they are limiting new loans secured by second homes or investment properties to 7% of the overall loans they purchase (roughly HALF their [...]
Pandemic Causing Almost Half of Americans to Consider a Move
BY: JANN SWANSON Nov 20 2020, 12:04PM A recent survey by Lending Tree found that nearly half of Americans are thinking about moving in the not-to-distant future and it appears that the COVID-19 pandemic may be at least [...]
Biggest Housing Boom Since 2006 And The Truth About “All-Time Low” Rates
BY: MATTHEW GRAHAM Nov 20 2020, 6:41PM The National Association of Realtors' Existing Home Sales report is the broadest measure of housing market activity. It just hit a 14-year record for the 3rd month in a row. It's [...]