Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The Markets in a Minute - December 16

The Markets in a Minute - December 16

For the Week Ending December 16, 2016   As expected, the Fed raised policy rates 0.25% at this month's FOMC meeting. Bond yields jumped on the news, pressuring mortgage rates higher.  The U.S. dollar is at the highest level si

Dec 16, 2016 |

The Markets in a Minute - December 9

The Markets in a Minute - December 9

For the Week Ending December 9, 2016   Stock markets continue to hit new highs on expectations that the Trump administration will bring economic growth, which has contributed to rate volatility. The ECB has decided to extend overseas b

Dec 09, 2016 |

The Markets in a Minute - December 2

The Markets in a Minute - December 2

For the Week Ending December 2, 2016  Globally bonds suffered their worst monthly meltdown in November, driving up yields. The sell-off in bonds carried over to push mortgage rates higher. Oil prices have rallied to a 6-week high after OPEC

Dec 02, 2016 |

Tidewater Home Funding Opens Office in Great Bridge

Tidewater Home Funding Opens Office in Great Bridge

Tidewater Home Funding announces the opening of a new 967 sq ft office at 115 Bruton Court in the Great Bridge area of Chesapeake, Virginia.  The Great Bridge office is managed by Ken Kolodziej.  Kolodziej is an industry veteran with over 40 yea

Nov 30, 2016 |

The Markets in a Minute - November 18

The Markets in a Minute - November 18

For the Week Ending November 18, 2016   Mortgage rates rose as markets prepare for expected economic growth and anticipated inflation under the Trump administration. Inflation can bring higher rates. Fed Chair Janet Yellen's commen

Nov 18, 2016 |

The Markets in a Minute - November 11

The Markets in a Minute - November 11

For the Week Ending November 11, 2016    Markets worldwide reacted to Trump's victory, causing mortgage rates to rise. The reaction was to his proposed economic policies, not his political agenda. Initially markets were expect

Nov 11, 2016 |

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