Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The Markets in a Minute - February 10

The Markets in a Minute - February 10

For the Week Ending February 10, 2017 Gallup reports its Economic Confidence Index hit a new high in January, reaching its highest monthly average in 9 years. The labor market continues to show strength, with jobless claims hitting a 43-year low

Feb 09, 2017 | markets-in-a-minute

The Markets in a Minute - February 3

The Markets in a Minute - February 3

For the Week Ending February 3, 2017 The Fed concluded the most recent FOMC meeting and announced there would be no policy rate increases. The next FOMC meeting is scheduled for March 14/15.Economic activity in manufacturing expanded in January, surp

Feb 03, 2017 | markets-in-a-minute

To educate millennial homebuyers, start with the basics

To educate millennial homebuyers, start with the basics

When I educate people on the housing market, it’s important to start from square one. Yes, the home-buying process has many rules, laws and complexities, but home buyers also need to understand the terms that come along with the process.As a lender

Jan 28, 2017 |

The Markets in a Minute - January 27

The Markets in a Minute - January 27

For the Week Ending January 27, 2017 Equities are rallying. The Dow Jones got the most press this week when it hit a new high of 20,000. The S&P and the Nasdaq reached new highs as well.The Fed will meet next week, although it's not likely we

Jan 26, 2017 | markets-in-a-minute

The Markets in a Minute - January 20

The Markets in a Minute - January 20

For the Week Ending January 20, 2017 Recent comments by Fed Chair Janet Yellen point to multiple policy rate increases in 2017, supported by a strong labor market and increasing inflation. Jobless claims fell to 233,000, the lowest level since N

Jan 20, 2017 |

Did You Know?

Did You Know?

Jan 18, 2017 | did-you-know

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