Check out our guides, tools and research for expert help on all your home mortgage and marketing questions!
Brace yourself. There's a lot to unpack this week. When it comes to factors affecting home sales, rates, and markets in general, we've rarely seen such a combination of complexity, uncertainty, and unpredictability. Home Sales Shocker After being delayed for several...
It wouldn't be 2018 in the housing market if there wasn't at least one report painting a gloomier picture. The National Association of Homebuilders Housing Market Index (or "builder confidence" for short) did those honors this week. Up until now, builder confidence...
Are you mad? Whether you're a housing/mortgage professional or simply a person who might like to buy/sell/refinance a house at some point in the near future, you have a right to be frustrated. Housing is definitely in the midst of a cooling phase. There are many...
There's no question that some housing markets around the country are showing signs of cooling. Price reductions are starting to show up again after an extended absence, the average home is staying on the market a bit longer, and inventory is finally coming up from the...
News has been pretty grim recently for interest rates and the housing market. This week's developments may provide a glimmer of hope. Granted, it could turn out to be false hope, but for now, let's focus on the glimmer! Freddie Mac reported a medium-big move...
Both New and Existing Home Sales came in lower than expected this week. Taken together with last week's big drop in Housing Starts, this raises obvious questions about the housing market. How much should you worry? Incidentally, I posed the same question in last...
A monthly report on new residential construction came out this week, showing a big drop in housing starts (the groundbreaking phase following a building permit). Should we worry about a slowdown in home sales? The short answer is "no." The long answer is a bit more...
This week was chock full of housing data ranging from construction and builder sentiment to the most recent tally on existing home sales. The takeaways can vary depending on your angle of approach. So let's look at all angles! A key news item came from the New...
Mortgage prequalification is an assessment of whether your debt-to-income ratio fits underwriting guidelines for one of the many types of home loans that we offer. It also provides an estimate of how much you may be able to borrow - a good first step in the...
GoPrime Mortgage, Inc. is a mortgage lender. NMLS ID # 69551. Arizona Mortgage Banker License No. 0942646. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. For licensing information, go to: www.nmlsconsumeraccess.org. Not licensed in all states.
