Jobless claims are mixed, but things are going pretty well in the housing market. Stocks posted their first weekly gains in a month. All that and more in this week’s Market Update.
This week, jobless claims climbed – but so did consumer confidence. Meanwhile, prices fell. There will be headlines, mortgage news, stock updates and a look at the week ahead in this week’s Market Update.
Bond prices are falling to levels we haven’t seen since April 2013. For you, this means it’s a great time to purchase or refinance a house.
The disparity between homeowner and appraiser opinions of home values continues to close. Although home values fell for the first time in 10 months, they are still more than 2% higher than this time last year.
The markets took a tumble and wages fell. However, jobs increased and mortgage rates fell. There’s a look at all that and more in this week’s Market Update.
Manufacturing growth slowed this week and jobs numbers were mixed, but consumer confidence was up. More headlines, mortgage rate changes, and a look at stocks in this week’s Market Update.
Home sales are down, while GDP and personal incomes are up. More headlines, mortgage news, a look at the stock indexes and a preview of the week ahead in this week’s Market Update.
Getting a mortgage is often referred to as “the mortgage process,” with an emphasis on the “process” part. It’s not a one-and-done type of event (as much as we all want it to be), but getting preapproved can set you up for success. When you get preapproved you get a beautiful document called a preapproval letter, also known as your PAL. But before we get ahead of ourselves, let’s nail down the preapproval basics.
Industrial production is on the rise, and so are stocks. Mortgage rates are diving to lower levels. All that and more in this week’s Market Update.
The Fed met again yesterday, and this was a highly anticipated meeting. There are many points of concern that could currently affect the U.S. economy: oil prices plummeting, turmoil in Russia, unrest in much of the world, etc. So we all waited with eagerness for advice from the Fed.