Job Growth Falls Short of Expectations In March
110,000 new jobs were created in March, well below the 225,000 that most had forecast. As a result, mortgage rates have fallen, giving people another chance to grab a low interest rate.
Mortgage Applications Rise In Latest Survey
Boosted by a rise in purchase loans, mortgage applications rose 2.4% last week. Despite the overall increase, refinance activity dropped for the second straight week. Learn more about what's happening in the mortgage market.
Spring Home Maintenance Checklist
Routine seasonal maintenance keeps your home safe and can save you money in the long run. Find out what projects you should consider this spring.
Why Would You Consider an ARM Now?
The Fed announced Tuesday that rates have raised one-quarter percent. Find out why getting an ARM might be better than getting a fixed-rate mortgage, even in a rising rate environment.
New Home Sales Rise 9.4% in February
February saw new home sales surge 9.4% to a 1.226 million annual rate. See what's driving the housing market and if the trend is likely to continue.
Existing Home Sales Fall Just 0.4% in February
Sales of existing homes dropped a less than expected 0.4% in February but remained at very strong levels. February's 6.79 million annual rate is just over the record 6.784 million existing homes sold in 2004.
Fed Boosts Rates Another Quarter Point
Federal Reserve policymakers raised rates another quarter point and signaled that future rate hikes will likely continue at a measured pace. Find out what this means for short term mortgage rates.
Should You Float or Lock In Your Interest Rate?
When getting a mortgage, should you lock in your interest rate or wait for rates to fall? Find out what a rate lock really is and the best times to lock in or float your interest rate.
Despite Higher Rates, Mortgage Applications Rise
The Mortgage Bankers Association reported today that mortgage applications increased 3.2% last week with the purchase and refinance indexes both posting gains. Find out why applications increased despite rising long-term interest rates.
Housing Starts Hit 21-Year Highs
The U.S. Census Bureau and the Department of Housing and Urban Development reported today that housing starts increased 0.5% in February, reaching their highest level in 21 years. Find out if this record pace is sustainable.
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