As we look at some of the mortgage data released by the Mortgage Bankers Association (MBA) from September 2019, one thing definitely stands out. Credit availability increased slightly this past month after a large decline in August. In fact, the 3.9 percent drop in August represented the largest monthly decline Continue Reading →
The National Association of Realtors (NAR) reported that existing-home sales in August were the highest they’ve been in 17 months. They were up 1.3% from July and gained 2.6% over August 1018’s sales rate. What Are Existing-Home Sales? As the term implies, existing-home sales refers to completed resales of existing Continue Reading →
The way technology continues to evolve, it’s not very difficult to imagine a day when real estate is traded online like stocks and bonds. When you think about it, buying and selling real estate is still a very old school process with a lot of paper-pushing and tedious steps involved. Continue Reading →
We’ve talked a lot about mortgage rates on the Transparent Mortgage Blog lately, but it’s a good time now to check on what’s been happening with home prices. They seem to be on the rise once again. Home Price Index Data CoreLogic released its Home Price Index (HPI) for July Continue Reading →
Financial markets are preparing for a protracted trade war between President Trump’s administration and the Chinese government. It has definitely caused a stir and may have some major implications on the consumer goods market and other markets. However, the trade war and other factors has actually had positive effects on Continue Reading →
