Monthly Archives: May 2019

    • First American: Mortgage defect risk fell 4.2% in April

      Declining mortgage rates led to an increase in lower-risk refinance transactions In April, the nation’s mortgage defect risk edged down as interest rates continued to decline, according to the latest  First American  Loan Application Defect Index. Acc...
      Written by Zarghami Group
    • Key mortgage rates mixed for Friday

      Mortgage rates were mixed today. The average for a 30-year fixed-rate mortgage held steady, but the average rate on a 15-year fixed trended down. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortga...
      Written by Zarghami Group
    • Important Mortgage Tips For First-Time Buyers

      Be as happy with your mortgage as you are with your new home With the peak spring-summer home buying season in high gear, first-time home buyers are stressed. Finding that dream home in today’s market where affordability is beyond a challenge is often...
      Written by Zarghami Group
    • Mortgage rates fall again, enticing buyers to trade up

      This year’s plunge in mortgage rates is giving Americans an incentive to upgrade to pricier houses. Take loan officer Clint Gerke’s client in Salem, Ore. The single mother is just fine with her current home., but she’s selling anyway so she can look f...
      Written by Zarghami Group
    • April pending home sales fall unexpectedly

      Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National Association of Realtors' Pending Home Sales Index. Sales were 2% lower compared with April 2018, the 16th straight month of annual ...
      Written by Zarghami Group
    • Four tips for getting started in real estate investing

      If you’re eager to jump into real estate investing, look before you leap, recommends Oliver Somoza, the founder of Turnkey Property Pro in Philadelphia. The best thing you can do is to take your time and do a lot of research on your local market condi...
      Written by Zarghami Group