VA news

  • Mortgage rates drop as applications fall by MPA

    Mortgage applications decreased 3.9% from one week earlier, while rates decreased on all five types of loans last week, a full-reversal of the prior week’s increases in interest rates.

  • What areas have the highest and lowest down payment averages? by MPA

    The analysis shows that first time homebuyers have a better shot at buying a home in low-priced markets, not just because of the lower price point but because on average buyers are putting down just 12% in those markets compared to 24% in high-priced markets

  • Rate Snapshot: Fed could decide timing of interest rate increase this week by MPA

    The focus from markets on the FOMC meeting this week is whether or not it will remove the word "patience" in guiding markets on when the Fed will begin increasing rates. Markets see patience suggesting the Fed isn’t ready to think about increasing rates

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