Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The cold, hard truth about mortgages and gifts

The cold, hard truth about mortgages and gifts

As a mortgage lender, I often work with recently engaged and married couples who plan to buy their first home.The decision to buy comes with a lot of questions about the down payment, closing costs and the mortgage process in general. But then I also hear

Feb 25, 2017 |

The Markets in a Minute - February 24

The Markets in a Minute - February 24

 Although markets were closed on Monday for Presidents' Day, stocks once again hit new highs this week as traders expect the economy to continue improving.Unemployment filings continue to reflect labor market strength. Although up slightly this w

Feb 23, 2017 | markets-in-a-minute

The Markets in a Minute - February 17

The Markets in a Minute - February 17

For the Week Ending February 17, 2017 Consumer prices increased in January by the highest level since February 2013, signaling rising inflation. Inflation could pressure mortgage rates higher.Jobless claims this week came in even lower than expected,

Feb 17, 2017 | markets-in-a-minute

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 |

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