by MtgGuy | Aug 30, 2024 | Market Update
Scott Bradley Brixen August 30, 2024 It’s time to start cutting rates, said Fed Chairman Jerome Powell in his speech from Jackson Hole last Friday. Anticipating this policy shift, mortgage rates have already moved more than 1% lower in the last four months, improving...
by MtgGuy | Aug 30, 2024 | Mortgage Updates
In the ever-evolving world of mortgage finance, finding the best deal is paramount for homebuyers. The 2024 Channel Study, conducted by Polygon Research for United Wholesale Mortgage and Willow Canyon Advisors, sheds new light on why working with a broker,...
by MtgGuy | Aug 27, 2024 | Mortgage Updates
When you think of Private Mortgage Insurance (PMI), your first reaction might be a sigh of frustration. After all, it’s an extra cost added to your monthly mortgage payment. But what if I told you that PMI could actually be one of the most powerful tools in your...
by MtgGuy | Aug 3, 2024 | Market Update
Real Estate News in Brief The Fed kept rates steady (again), but said that a rate cut on Sept 18 was definitely “on the table” given progress on inflation and the recent rise in the unemployment rate. The bond market rejoiced, helping to send average mortgage rates...
by MtgGuy | Aug 3, 2024 | Mortgage Updates
Buying a home is one of the most significant financial decisions you can make, and it’s natural to want to time your purchase perfectly. Many prospective buyers hold off, hoping for interest rates to dip before they take the plunge. However, this strategy can...
