SACRAMENTO — California's first program to incentivize affordable housing developments for Californians with moderate income levels, as well as low-income Californians, has been approved by the California Housing Finance Agency (CalHFA) Boa
May 15, 2019 |
Mortgage Rates moved moderately lower to start the new week as trade tensions remained in focus. In general, the worse the US/China trade relationship is looking at any given moment, the better it has been for the bond market (and the wors
May 13, 2019 |
After several weeks of declining applications, homebuyers bounced back into the market. Mortgage applications increased 2.7% compared with the previous week, according to the Mortgage Bankers Association (MBA). Purchase applications drove the gains. App
May 08, 2019 |
KEY POINTS House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association of Realtors’ pending home sales index. Sales were 1.2% lower compared with March 2018, the 15th str
May 01, 2019 |
When it comes to whether you should refinance your current mortgage, generally use the “half point rule,” which means the new rate is at least 0.5 point lower than your current one. However, in reality, it comes down calculating what you
Apr 23, 2019 |
In the mortgage market of 2019, borrowers can do just about everything online, never meeting the lender behind the process. And as comments from executives of America’s biggest banks made clear last week, that person – or institution –
Apr 18, 2019 |