Mortgage

Mortgage Interest Rates Defy Most Experts

The mortgage market is defying almost all economists’ short-term forecasts. Most expected bond yields and mortgage yields to be on ...

Mortgage:Bad News Is Good News

Bad news for stocks can be good news for mortgage rates. Spurred by slower growth in China and unease in ...

Mortgage: Dodd-Frank Brings Changes for 2014

As we close out 2013, the mortgage industry is bracing for significant changes. The new year will usher in updated ...

Mortgage:

Economic events drive mortgage rates. The month of November showcased how events drive markets and cause mortgage interest rates to ...

The Government Shutdown and the Effect on Mortgages

The short-term agreement that ended the partial government shutdown and raised the debt limit ceiling, reached by Congress and signed ...

The Federal Reserve Surprises

The Federal Reserve Board of Governors surprised almost all Fed watchers when it decided at its Sept. 18 meeting not ...

Mortgage Rates Climb in an Unsettled Market

Mortgage rates continue to climb to higher levels as the market prepares for an eventual Federal Reserve Bank decision to ...

Looking Beyond the Squall

Sometimes, it is a good idea to look beyond the debris left behind by the squall and do an assessment ...

Rates Take Spike After Fed Comments

June was a horrible month for mortgage interest rates. Interest rates hit their recent lows in May when the average ...

Mortgage: Rates Jump Higher

Late May was the worst period for mortgage interest rates in recent years.

Before the turnaround in the markets interest ...

Volatility In The Markets

Mortgage interest rates have become increasingly volatile in May. Money is flowing into the stock market and out of the ...

Interest Rates Are Still Attractive

The only constant about mortgage interest rates is that they do move. Depending on the economic news of the day ...

Bad News Is Good News

The employment report for the month of March released March 5, was as ugly as it gets. The consensus among ...

Economic Numbers Continue to Impress

The February employment numbers blew the doors off consensus numbers. In February, the economy produced 236,000 new non-farm payroll jobs.

Mortgage Standards Getting Tougher

There is one constant in the mortgage industry these days. It is not easy getting a mortgage. Well, folks, coming ...

Interest Rates and the Fiscal Cliff

Mortgage interest rates during the presidential campaign season have remained in a relatively steady range. Rates have been hovering near ...

Touting Local Lending, EagleBank Hits Mortgage Milestone

This September, EagleBank passed a milestone of $1 billion in mortgages. With 17 branches in the Washington metropolitan area and ...

End of Summer Rates Remain Hot

The summer of 2012 was one of the hottest on record, and mortgage rates were almost as hot as the ...

Bad News Is Good News For Mortgage Interest Rates

Mortgage interest rates continue to hit new lows as the economy plods ahead slowly. Rates declined in reaction to disappointing ...

It Is a Great Time to Buy a Home

With mortgage interest rates bouncing off all-time lows and house prices near recessionary levels, this is a great time to ...

As Mortgage Rates Drift Lower, it’s Time to Buy

Mortgage rates are being driven by continued European debt crisis. With the recent elections in Greece and France, further uncertainty ...

Not Out of the Woods Yet

The real estate market and mortgage rates have come together, forming a perfect time to be buying a home in ...

Not Out of the Woods Yet

The economy is not out of the woods yet.  In order for the economy to stabilize further the housing market ...

Relief for FHA Customers is on the Way

In the Feb. 21st Georgetowner, the newspaper ran its mortgage with the headline, “It Is Time For Refinance Relief for ...

What’s Behind Today’s Underwriting Guidelines

One question frequently asked is why mortgage standards are so strict these days. The reason for the stringent underwriting standards ...

Let's Have Some Refinance Relief for FHA Mortgage Loan Holders

On April 18, 2011 the mortgage insurance premiums (MIP) were increased on all Federal Housing Administration mortgages.  The old monthly ...

DC Market is Getting Hotter: Get Pre-Approved Now

The limited home inventory in our area is likely to continue through 2012 with strong local job growth, decreasing short sales and foreclosures, and a lack of new buildings coming to market.

Where Is Common Sense Underwriting?

2011 was quite the year in the mortgage industry. Underwriting standards got even tougher even for the most qualified consumers ...

Mortgages at Record Low

It has been an interesting summer in the mortgage industry. The following are highlights of where things are in the ...

Summertime Mortgages

The summer of 2011 has been an interesting one in the world of mortgage lending.

Rates have continued to hover ...

Navigating A Mortgage In Today’s Market

Mortgage underwriting rules have gone from a bad extreme of four or so years ago to an equally bad extreme today.

Mortgage Interest Rates Respond To World Events

Bad news can be good news for the bond markets and ultimately for mortgage interest rates.

DC Home Prices Increase, Despite National Trends

Case Shiller Index reported that of the 20 cities it recorded, home prices are off to a dismal start, with 18 cities down in price. Only 1 city actually had a 3.6% increase in prices. Guess which city that was…?

The Difficulties for the Self-Employed Borrower

As all of us are aware by now, after the largest housing bust since the great depression, getting a mortgage ...

Mortgage Checkup

Interest rates continue to be in a narrow range, being pulled in different directions depending on the events of the ...

Mortgage Rules In 2011

extreme. There were too many abuses by the mortgage industry and some customers. There were too few restrictions on loan ...

Mortgage

A couple of years ago, if a homeowner was offered a jumbo-sized mortgage for a home in Washington for 4.375% they would beg for the loan to be locked. In fact, the customer would probably think the mortgage loan officer was misquoting his or her rate sheet. But that was 2009. Today clients sometimes let greed take over. A lot of borrowers are taking their time in making the decision to move forward in anticipation of even lower rates.

Mortgage

The fourth quarter of 2010 is proving to be a most interesting time in mortgages. Rates are fluctuating at near record lows. House prices are trying to stabilize. Underwriting is as stringent as ever.

Rates Are At Record Lows

In a July 22 release by Freddie Mac’s Primary Mortgage Survey, the 30-year and 15-year fixed-rate mortgages reached record lows.

Interest Rates are Moderating

Mortgage rates were forecasted to head to 6 percent, and like many weather forecasts, these predictions were simply wrong.

Rent or Buy?

With mortgage interest rates low these days and the rental market in the Georgetown area stubbornly high, many are taking the time to examine if the time is right to rent or purchase a property.

The Markets are Volatile

The roller coaster ride in the financial markets continues. At best, it is a nerve-racking time for anyone who is watching their investments.

The State of Mortgages

Despite the doomsaying, rates are looking attractive for a primary house mortgage with at least 20 percent down and very good credit.

Rumblings at the Federal Reserve

There was a shot across the bow in the financial markets on Feb. 18, when the Federal Reserve raised the ...

Homebuyer Tax Credit Lives

On November 6th, 2009 The Worker, Homeownership and Business Assistance Act of 2009 was signed into law. The law extends ...

Mon, 22 Dec 2014 06:21:50 -0500

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