recent posts
Posted by yourmortgageplanner on May 17, 2012
The new construction housing market continues to improve.
One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight...
Posted by yourmortgageplanner on May 16, 2012
Homebuilder Confidence is on the rise once again.
After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29. The increase marks the sharpest climb in homebuilder confidence on a month-to-month...
Posted by yourmortgageplanner on May 15, 2012
Home affordability is receiving a boost from across the Atlantic Ocean this spring.
For the third time in as many years, a weakening Eurozone is pushing May mortgage rates to new lows throughout Washington and nationwide.
The story centers in Greece and begins in...
Posted by yourmortgageplanner on May 11, 2012
Conforming mortgage rates continue to drop.
For the second straight week, the 30-year fixed rate mortgage fell to a new, all-time low nationwide. According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate dropped 1...
Posted by yourmortgageplanner on May 10, 2012
The economic recovery continues nationwide, but the recovery’s an uneven one.
Some metropolitan areas are faring very well this year, posting measurable gains in both employment and housing. Other metropolitan areas, by contrast, are struggling.
To help identify...
Posted by yourmortgageplanner on May 9, 2012
Is your mortgage scheduled to adjust this season? You may want to let it. This year’s ARM-holding homeowners in Washington are finding out that an adjusting mortgage may be the simplest way to get access to today’s low mortgage rates — without...
Posted by yourmortgageplanner on May 8, 2012
Despite several big-name banks pulling the product from their respective home loan offerings, reverse mortgages remain a popular mortgage choice among homeowners aged 62 or over.
A reverse mortgage is exactly what it sounds like — a mortgage in reverse....