Category Archives: The Economy

Coming Next Week : New, Mandatory Loan Fees For All Conforming Mortgages

Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide. Continue reading

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Revisiting Housing Market Predictions For 2012

Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions? Continue reading

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Health Insurance Reform: Frequently Asked Questions (FAQs)

Now that the Supreme Court has upheld the health care legislation, all of its major provisions remain in effect, including the new tax that was designed to be imposed on those with more than $200,000 of Adjusted Gross Income (AGI) … Continue reading

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Mortgage Rate Risk Ahead Of Friday Morning’s Jobs Report

Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you’re actively shopping for a mortgage, today may be a prudent day to lock a mortgage. Continue reading

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U.S. Posts Its 20th Straight Month Of Job Growth

Since the jobs report’s release last Friday, mortgage rates are dropping. Continue reading

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Make A Mortgage Rate Plan Ahead Of The Jobs Report

Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move. Continue reading

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Homes Get More Affordable On March Jobs Data

Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs. Continue reading

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Jobs Report Due Friday; Mortgage Rates Expected To Change

If you’re out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today. Continue reading

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Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending. Continue reading

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