Interest Rates Dropping – Again!
May 24, 2020
In a recent Housingwire.com article (here) by Kathleen Howley, we learn that the current average 30-year mortgage interest rate of 3.24% is within one basis
In a recent Housingwire.com article (here) by Kathleen Howley, we learn that the current average 30-year mortgage interest rate of 3.24% is within one basis
While most people are familiar with condominium structures, can the same be said of townhome developments? How do the two differ? Do townhomes have common
Background. It wasn’t that long ago, circa 2010, housing advocates were lobbying for tougher new laws to rein in the abuses of the easy money
“24% of all purchase loans have a debt-to-income ratio greater than the CFPB’s Qualified Mortgage rule limit of 43% [of debt to income], a new
Portland-Metro’s 2014 RMLS™ stats bested 2013’s numbers in all metrics: New listings (37,654) were up 5.0%; Pending sales (28,220) were up 4.3%; Closed sales (27,752)
“…the Obama administration may represent “Peak Left” in American politics, and what we are getting from the left these days is a mix of bewilderment
Nationalmortgagenews.com recently carried a story (“Fannie Moves Aggressively on New Low-Down-Payment Loans”) by Kate Berry reporting on Fannie’s and Freddie’s [collectively, “GSEs”[1]] venture back into
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
While Fannie Mae and Freddie Mac, the two GSEs[1] who’ve received the most attention of late – and much of it bad, after being taken
Jabberwocky: “Total nonsense. A fit of rambling which resembles a civilized language but in fact is meant only to obfuscate meaning or confuse the victim,
