Mortgage Applications Off to Strong Start in 2020
According to the Mortgage Bankers Association’s (MBA) Weekly Index, mortgage applications increased 7.2% for the week ending January 24th, c…
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Homebuyer Demand Hits Highest Level Since 2009!
The mortgage industry is officially off to a record start in 2020. According the Mortgage Bankers Association’s seasonally-adjusted index,…
Lee masIncreased Loan Limits in Effect
As of January 1, 2020, the new and increased loan limits for Fannie Mae, Freddie Mac, and FHA are now in place. Fannie Mae and Freddie Mac…
Lee masFannie Mae Boosts 2020 Housing Forecast
The research team at Fannie Mae have revised their 2020 housing forecasts to much higher levels. This past year, growth in single-family ho…
Lee masU.S. Unemployment Rate Hits 50-Year Low
According to the recently released November Jobs Report, the unemployment rate ticked down to 3.5% from 3.6%, matching the lowest jobless ra…
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Precalifíquese Llame al 800-778-9044US Housing Starts Hit Twelve Year High
US housing starts, which represent permits for future home construction, jumped 3.8% in October to 1.314 million units, representing a twelv…
Lee masSales of New Homes Expected to Reach 13 Year High in 2020
According to the National Association of Realtors (NAR), new home sales are expected to rise 11% to 750,000 in 2020. This would be the high…
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