Many homebuyers are unfamiliar with the home shopping process.  The very first thing you should do is talk with a loan originator to find out how much money you are qualified to borrow.  This is important before you go out shopping for your dream home. The offer and the acceptance is just the beginning of

As the wave of refinances comes rolling in, it’s important to consider its effect on the economy as a whole. With lower interest rates being locked in across the country, household cash flow will be increased while supporting consumption. Investors, however, should tread carefully upon this new ground as refinancing and the Federal Reserve policy

It is a misconception that Federal Reserves has a large effect on the mortgage market. The fact is that mortgage rates have more correlation with the bond market. It’s currently projected that the mortgage rates will stay low until 2020, possibly 2021. On October 3rd, Freddie Mac reported an average 3.65% on the thirty-year loan,