Sales of new single‐family houses in October 2023 fell from October to an annual rate of 679,000 but up nearly 18% from October 2022. The median sales price of new homes sold in October 2023 was $409,300. The average sales price was $487,000. Inventory le
Nov 28, 2023 | Mortgage News
In the dynamic landscape of personal finance, job loss can send shockwaves through your financial stability, particularly when managing your mortgage. Yet, with appropriate preparation and a little knowledge you can navigate these turbulent waters and sta
Nov 28, 2023 | Refinancing a Home Purchasing a Home
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the United States, the 2024 CLL value fo
Nov 28, 2023 | Mortgage News
Thanksgiving is a time to come together with loved ones, share delicious meals, and create lasting memories. Whether you're gathered around a table laden with traditional dishes or enjoying a quiet moment of reflection, we hope your day is filled with war
Nov 23, 2023 |
For the fifth straight month, sales of existing homes fell due to the ongoing low inventory problem coupled with multi-decade highs in borrowing costs in October. Home prices rose annually for the fourth straight month, while monthly inventories were at 3
Nov 22, 2023 | Mortgage News
When it comes to home loans, fixed-rate mortgages are the bread-and-butter of the market and for good reason. If you're all about making savvy financial moves, you’ll want to learn these golden knowledge nuggets that will show you why fixed-rate mor
Nov 21, 2023 | Purchasing a Home
