Home Loan Rate Trends Mortgage Rates Jump Despite the rise in mortgage rates, economic data improved this week — particularly housing activity, which gained momentum with a noticeable rise in purchase demand and new construction. Homebuyers flocked to lenders with purchase applications … Learn more Primary Mortgage Market Survey® by Freddie Mac Sep 19, 2019 […]
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What Not To Do Before Your Home Loan Closes
Sometimes the smartest people do the dumbest things. So, you’ve found the perfect home, and you’ve been pre-approved for your new mortgage. Your offer was accepted, the home inspection passed, and your loan officer locked you in at an awesome rate. You likely think it’s a done deal. Um, not quite. You won’t officially be […]
Paradise Area Now Eligible for USDA Loans
Governor certifies Paradise and adjacent communities to increase federal assistance eligibility. On July 11, 2019, California Governor Gavin Newsom certified the Town of Paradise and adjacent unincorporated Butte County as “rural areas,” making those communities eligible for loans, grants and technical assistance under rural development programs funded by the U.S. Department of Agriculture (USDA). The […]
Mortgage Rates: Aug 29, 2019
Home Loan Rate Trends Mortgage Rates Generally Hold Steady Mortgage rates inched up slightly this week, closing the month with the 30-year fixed-rate mortgage rate averaging 3.6 percent – almost a full percent lower from the same time last year. Low mortgage rates along with … Learn more Primary Mortgage Market Survey® by Freddie Mac […]
Mortgage Rates: Aug 8, 2019
Home Loan Rate Trends Mortgage Rates Drop Significantly There is a tug of war in the financial markets between weaker business sentiment and consumer sentiment. Business sentiment is declining on negative trade and manufacturing headlines, but consumer sentiment … Learn more Primary Mortgage Market Survey® by Freddie Mac Aug 8, 2019 30-Year FRM 15-Year FRM […]
Mortgage Rates: Jul 25, 2019
Home Loan Rate Trends Mortgage Rates Near Three-Year Lows Mortgage rates continued to hover near three-year lows and purchase application demand has responded, rising steadily over the last two months to the highest year-over-year change since the fall of 2017 … Learn more Primary Mortgage Market Survey® by Freddie Mac Jul 25, 2019 30-Year FRM […]
Mortgage Rates: Jul 18, 2019
Home Loan Rate Trends Mortgage Rates Head Up Mortgage rates moved higher after remaining at around the same level for about three weeks. The rise in rates was driven by continued improvement in consumer spending and partly due to … Learn more Primary Mortgage Market Survey® by Freddie Mac Jul 18, 2019 30-Year FRM 15-Year […]
Mortgage Rates: Jul 11, 2019
Home Loan Rate Trends Mortgage Rates Remain Stable The recent stabilization in mortgage rates reflects modestly improving U.S. economic data and a more accommodative tone from the Federal Reserve to respond to the rising downside economic risk from trade tensions … Learn more Primary Mortgage Market Survey® by Freddie Mac Jul 11, 2019 30-Year FRM […]
