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The growing mortgage lender continues its U.S. expansion with the opening of a new 7,000-square-foot lending facility.
Will they, won't they, when will they? The recent FOMC meeting gives us some answers.
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.
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
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