Mortgage Applications Rise From The Dead
For the week ending October 10, 2014 mortgage applications increased 5.6 percent from a week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Read More
Consumer Sentiment Hits 14 Month High
Further improving on previous gains, the Thompson Reuters/ University of Michigan Consumer Sentiment Index ends the month at 84.6, up from 82.5 last month. Current levels mean that consumer confidence is closing out September at it’s highest level in over a year. Read More
May Jobs Report is a Mixed Bag of News
Once a month, on first Friday’s, all eyes and ears of Wall Street, Washington, mortgage professionals across the nation, and even some on Main Street are tuned in briefly to one big thing: the health of the job market in America. Read More
How Do Mortgage Rates Work?
There is a common misconception about mortgage interest rates and how rates are determined. It’s common for many people to mistakenly think The Federal Reserve sets mortgage interest rates. Read More
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