The U.S. homeownership rate rose from its lowest level in 18 years. The share of Americans who own their homes was 65.3% in the third quarter, up from 65% in the previous three months, the Census Bureau reported.
After a long IndyCar season, Scott Dixon was crowned champion. He wasn’t the only winner, though. Patricia Zashkoff also got to celebrate after winning the Speed Thrills Sweepstakes sponsored by Quicken Loans and Verizon!
One, two or perhaps even three Bring It Home finishes for Ryan Newman could be a coincidence. However, after finishing 10th at the Advocare 500 last weekend at Phoenix International Raceway, Ryan proved once again that his season is no fluke. As part of the Quicken Loans Bring It Home Sweepstakes, the top-10 finish marked the 12th time Ryan has brought it home for his fans.
This week, according to the Primary Mortgage Market Survey, rates increased. The upward climb marks the second consecutive week rates have gone up.
For some of us, the end of 2013 just signals the beginning of 2014. However, the end of this year is different. FHA loan amounts are set to expire, meaning beginning in 2014, loan limits will readjust to Fannie Mae and Freddie Mac conforming limits. Read ahead to find out what this could mean for you.
Despite the economic shutdown, job growth unexpectedly surged in October. The U.S. economy added 204,000 jobs, according to the Bureau of Labor Statistics.
According to the weekly Primary Mortgage Market Survey, those of you who took advantage of the low rates last week did so at the right time. This week, rates moved higher for the first time in three weeks.
Ryan Newman’s fifth top-10 finish of the Chase for the Sprint Cup wasn’t only good for Newman himself. It was also good for 10 winners of the Quicken Loans Bring It Home Sweepstakes.
Senate Democrats were three votes short of advancing the nomination of U.S. Congressman Mel Watt to head the agency that oversees the Fannie Mae and Freddie Mac mortgage groups. Read about this and more in this week’s Market Update.
Happy Halloween! While you’re likely to get frightened by all the ghosts and goblins running around today, mortgage rates this week will surely make you scream!