Check out my free buyers guide resource!  This is a free download and full of great information about Buying a Home!

Looking for a fast and easy rate quote to buy or refinance a home?

Check out my Daily Blog below! 

Experts Say Home Prices Will Continue to Appreciate

It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In […]

3 Graphs Showing Why You Should Sell Your House Now

There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and […]

The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Some Highlights  Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge […]

Why Waiting to Buy a Home Could Cost You a Small Fortune

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. […]

Are Interest Rates Expected to Rise Over the Next Year?

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have […]

4 Big Incentives for Homeowners to Sell Now

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market […]

Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher […]

Should I Buy Now or Wait? [INFOGRAPHIC]

Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates. Buying a home now means you’ll spend less in the […]

Is Home Price Appreciation Accelerating Again?

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. […]

Patience Is the Key to Buying a Home This Year

The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps […]

Will the Housing Market Maintain Its Momentum?

Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple […]

4 Tips to Maximize the Sale of Your House

Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to […]

This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]

Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a housing bubble, Yun said that this “is not a bubble. It is simply lack […]

Don’t Be Fooled by Remarkable Real Estate Headlines

Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […]

Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven […]

82,338 Great Reasons to Buy a Home Today

The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price […]

How Much Time Do You Need To Save for a Down Payment?

One of the biggest hurdles homebuyers face is saving for a down payment. As you’re budgeting and planning for your home purchase, you’ll want to understand how much you’ll need to put down and how long it will take you to get there. The process may actually move faster than you think. Using data from […]

Home Is Where the Heart Is [INFOGRAPHIC]

Some Highlights There’s no doubt about it: homeowners love their homes, and that feeling has become even more important over the past year. The vast majority of homeowners say they’re emotionally attached to their home and that it has kept them safe during the COVID-19 pandemic. Owning a home provides a sense of safety, security, […]

Why This Is a Great Year to Sell Your Vacation Home

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., […]

93% of Americans Believe a Home Is a Better Investment Than Stocks

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment […]

Some Buyers Prefer Smaller Homes

Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature of the pandemic, through the health implications, social distancing, […]

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance […]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are […]

Homeownership Is Full of Financial Benefits

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement 87% – the best investment plan […]

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you? Our lives are deeply impacted by our nation’s economy. The […]

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up […]

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans […]

Buyer Competition Is Good News for Sellers [INFOGRAPHIC]

Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and […]

There’s No Reason To Panic Over Today’s Lending Standards

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing […]

Is Homeownership Still Considered Part of the American Dream?

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of Europe, which was still in many […]

Nothing Found

Sorry, no posts matched your criteria

Homebuying Sentiment Turns Negative Despite Economic Improvement; Heavy Debt Supply Weighs on Rates

Fannie Mae has conducted the National Housing Survey every month since 2011. Among its most prominent questions are those relating to home buying and home selling: is it a good or a bad time to do either one? Last month the net positive responses for the good time to buy category fell into negative territory […]

MBS RECAP: Heavy Issuance Weighs on Bonds

Posted To: MBS Commentary Heavy Issuance Weighs on Bonds We knew bonds would be skittish about Treasury auctions this week, but the defensiveness began early owing to a big glut of corporate bond offerings. Amazon led the way, accounting for nearly $20bln of the rather epic $34+ bln on the day. Those are numbers we […]

Homebuying Sentiment Turns Negative Despite Economic Improvement

Posted To: MND NewsWire Fannie Mae has conducted the National Housing Survey every month since 2011. Among its most prominent questions are those relating to home buying and home selling: is it a good or a bad time to do either one? Last month the net positive responses for the good time to buy category […]

Early Stage Delinquencies Sink to All-Time Lows

Posted To: MND NewsWire The Mortgage Bankers Association (MBA) reports that the percentage of non-current mortgages dropped by 35 basis points (bps) in the first quarter of 2021. According to MBA vice president Marina Walsh, it was the largest quarterly decline in delinquencies in the history of the Association’s National Delinquency Survey. The national delinquency […]

The 9am Bond Report – May 10, 2021

(Please visit the site to view this media) …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. The 9am Bond Report – May 10, 2021 The 9am Bond Report – May 10, 2021

Sales Jobs; Retention, Purchase, Servicing, Reverse Products; Webinars and Training; Interview With Economist Elliot Eisenberg

Posted To: Pipeline Press Here at the MBAG event in Northern Florida some of the topics of conversation is the economy, the inability to predict interest rates, families, and lending. It has been reported that 25 to 34-year old’s spend more on mothers than any other age group for Mother’s Day, which hopefully is not […]

Ventas CEO on post-pandemic real estate rebound

(Please visit the site to view this media) Debra Cafaro, CEO and chairman of health-care real estate investment trust Ventas, joined "Squawk Box" on Monday to discuss how her business is recovering from the pandemic and what she sees as the longer-term post-pandemic outlook. …(read more) Forward this article via email:  Send a copy of this […]

MBS Day Ahead: Attention Turns to Auctions and Inflation Metrics

Posted To: MBS Commentary The week gets off to a slow start without any significant data on tap for Monday or Tuesday. The Treasury auction cycle becomes more relevant on Wednesday with a record high dollar amount of 10yr notes hitting the market at 1pm ET. Earlier that morning, core consumer prices (inflation) are expected […]

How experts are making sense of April's big jobs miss

(Please visit the site to view this media) Is the U.S. economy about the experience a lasting shortage of labor? CNBC's Steve Liesman joined "Squawk Box" on Monday with a look at the implications for investors after April's big jobs miss. …(read more) Forward this article via email:  Send a copy of this story to someone […]

What's Behind the Surge in Lumber Prices? Paradoxical Reaction to Jobs Report

In a recent post on the National Association of Home Builder’s (NAHB’s) Eye on Housing blog, chief economist Paul Emrath said rising softwood lumber prices have added $35,872 to the price of an average new single-family home , and $12,966 to the market value of an average new multifamily home. The price increases affect any […]

Rates Reacted to Jobs Report, But Not Like You'd Expect

Posted To: Mortgage Rate Watch Once a month, the government releases the Employment Situation, also known as “the jobs report.” No other piece of economic data is as consistently relevant for the bond market and, thus, interest rates. For most of the past year, the normal correlation between jobs and rates was on hold. That […]

The 3pm Bond Report – May 7, 2021

(Please visit the site to view this media) …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. The 3pm Bond Report – May 7, 2021 The 3pm Bond Report – May 7, 2021

MBS RECAP: Bonds Fail to Capitalize on Super Weak Jobs Report

Posted To: MBS Commentary Bonds Fail to Capitalize on Super Weak Jobs Report Nonfarm Payrolls came in at 266k compared to a median forecast of 978k. That's one of the biggest misses ever and it was no surprise to see bonds rally significantly in response. It was definitely a surprise to see how quickly and […]

The 2pm Bond Report – May, 7 2021

(Please visit the site to view this media) …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. The 2pm Bond Report – May, 7 2021 The 2pm Bond Report – May, 7 2021

April jobs report will give Fed policy cover: Wharton professor Jeremy Siegel

(Please visit the site to view this media) CNBC's "Halftime Report" discusses outlook for the U.S. economy after the April jobs numbers fell short of expectations with Wharton professor Jeremy Siegel. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. April jobs […]

Yellen: I believe we will reach full employment in 2022

(Please visit the site to view this media) Treasury Secretary Janet Yellen discusses jobs and the U.S. economy. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Yellen: I believe we will reach full employment in 2022 Yellen: I believe we will […]

Yellen: April jobs were stronger than headline number looks

(Please visit the site to view this media) Treasury Secretary Janet Yellen discusses the U.S. economy and takes reporter questions. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Yellen: April jobs were stronger than headline number looks Yellen: April jobs were […]

Why second home mortgages are now harder to get

(Please visit the site to view this media) CNBC's Diana Olick reports how new rules that have limited the number of Fannie/Freddie second home loans are hitting vacation home buyers as well as investors. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read […]

What's Behind the Surge in Lumber Prices?

Posted To: MND NewsWire In a recent post on the National Association of Home Builder’s (NAHB’s) Eye on Housing blog, chief economist Paul Emrath said rising softwood lumber prices have added $35,872 to the price of an average new single-family home , and $12,966 to the market value of an average new multifamily home. The […]

The 9am Bond Report – May 7, 2021

(Please visit the site to view this media) …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. The 9am Bond Report – May 7, 2021 The 9am Bond Report – May 7, 2021

Forbearance Exits Soar as More Plans Expire

Posted To: MND NewsWire There was a sharp decline in the number of loans in forbearance during the week ended May 4. Black Knight says this has come to be the norm during the early weeks of each month. Overall forbearance volumes dropped by 105,000, a 4.5 percent improvement. The company, in its weekly report, […]

Accounting, Ops, MLO Jobs; AMC, Lead, Warehouse Products; Financial Transparency; Employment Figures Sink Rates

Posted To: Pipeline Press It’s Friday, so how ‘bout some non-mortgage supply and demand stuff? Let me start with an apology to Willie Mays’ family (who may or may not read this daily mortgage commentary) for missing his 90 th birthday yesterday. (Years ago he was known for welcoming all ‘trick or treat’ kids, from […]

U.S. added just 266,000 jobs in April, March payrolls revised lower

(Please visit the site to view this media) Nonfarm payrolls were expected to increase by 1 million in April, according to economists surveyed by Dow Jones. CNBC's Rick Santelli and Steve Liesman break down the data. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want […]

Fannie/Freddie Provide Details on New Refi Options; Who's Driving Home Price Gains?

Fannie Mae and Freddie Mac (the GSEs) have provided details for their streamlined refinance programs that were originally announced by the Federal Housing Finance Agency (FHFA) last month. The programs, named “RefiNow” by Fannie Mae and “Refi Possible” by Freddie Mac, will be available starting June 5 for Fannie Mae’s borrowers but not until August […]

Federal Reserve releases financial stability report

(Please visit the site to view this media) Sara Eisen joins 'Closing Bell' to report the recent financial stability report from the Federal Reserve. The Fed said asset prices may be vulnerable is risk appetites fall. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want […]

Mortgage Rates Are Low and Stable, But Face Bigger Risks Tomorrow

Posted To: Mortgage Rate Watch Mortgage rates moved lower today, bringing the average lender to the best levels since late February. Despite the milestone, the day-over-day movement in rates has been pretty mild. Most lenders are making changes that are only noticeable in the form of upfront costs (aka “points”) as opposed to rates themselves. […]

MBS RECAP: Lock/Float Considerations Ahead of Jobs Report

Posted To: MBS Commentary Lock/Float Considerations Ahead of Jobs Report Bonds made it through Thursday without any notable volatility, let alone actual drama. That's been the case for the entire week as Friday's jobs report has been the obvious attraction. Unlike the rest of the week, post-NFP drama is definitely possible tomorrow, for better or […]

Market is anticipating an economy that's no longer dependent on the Fed, says Brown

(Please visit the site to view this media) The 'Halftime Report' team discuss what's going on with the market today and what moves the Fed may have to make. …(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Market is anticipating an […]

Fannie/Freddie Provide Details on New Refi Options

Posted To: MND NewsWire Fannie Mae and Freddie Mac (the GSEs) have provided details for their streamlined refinance programs that were originally announced by the Federal Housing Finance Agency (FHFA) last month. The programs, named “RefiNow” by Fannie Mae and “Refi Possible” by Freddie Mac, will be available starting June 5 for Fannie Mae’s borrowers […]

Millennials Driving Home Prices; Entry Level Homes See Greatest Gains

Posted To: MND NewsWire Another home price index shows double digit annual price increases, this time for March, and the CoreLogic HPI also has the highest month-over-month gain we have seen in the present environment. The company says there was an 11.3 percent national rate of appreciation during the month while prices were up 2.0 […]