Purchase Applications Remain Surprisingly Resilient

Purchase Applications Remain Surprisingly Resilient

Apr 6, 2022 | Finance, Latest News

You can’t spend too much time reading/watching the news recently without being well aware of the relatively unprecedented surge in mortgage rates seen so far in 2022.  In particular, the month of March was one the worst on record with one individual week in...
FHA Announces a 40-Year Loan Modification Option

FHA Announces a 40-Year Loan Modification Option

Apr 6, 2022 | Finance, Latest News

A 40-year loan mandates a lot of interest payments and a slow build for equity, but FHA says it will prevent thousands of foreclosures, making that a fair tradeoff. The Federal Housing Administration (FHA) introduced a 40-year loan modification option, and it’s asking...
Getting a divorce? Here's how to tackle those money issues

Getting a divorce? Here's how to tackle those money issues

Apr 4, 2022 | Finance

When going through a divorce, it’s crucial to focus on future financial health, and financial advisors can help newly single ex-spouses sort out money matters. “People often say ‘I just want out,’ but the reality is going to hit you later,” said certified...
Mortgage rates hold steady at 3.18%

Mortgage rates hold steady at 3.18%

Apr 1, 2021 | Finance, Latest News

The average U.S. mortgage rate remained essentially unchanged last week, rising by just one basis point to 3.18%, according to Freddie Mac’s Primary Mortgage Market Survey. A broader recovery of the economy has almost returned rates back to market “normalcy” as the...

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