MORTGAGE RATES INCREASE FOR FOURTH TIME IN SIX WEEKS, MORTGAGE APPLICATIONS SLOW DOWN, BUT HOUSING MARKET STILL RED HOT
Last week, according to the Mortgage Bankers Association (“MBA”), applications for new homes dropped by roughly 5% from the prior week. Simultaneously, the average loan reached a 30-year high; the average loan c...
Read Full PostHousing Market Remains Strong, but Builders Cash in During the 4th Quarter of 2020
On February 10, 2021 Taylor Morrison, the country’s 5th largest home building company, reported their Q4 2020 revenue was $1.6B – 6% growth from Q4 2019. Moreover, Q4 2020 sales orders had increased by 46% from ...
Read Full PostCREDIT KARMA IS NICE, BUT ACCURATE INFORMATION IS NICER WHEN IT COMES TO MAKING MAJOR FINANCIAL DECISIONS
At this point, everyone is aware that a good credit score is beneficial; it can literally save you thousands of dollars when you finance big-ticket items. For those of you who don’t know, you are entitled to rec...
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