Mortgage Rates are up slightly as Mortgage Backed Securities were lower this morning due to the rise in stock market and oil, but both have slipped into negative territory. Although the rally in MBS have not followed, I would expect them to if the … [Read more...] about Mortgage Rates 12/15/2014 Update
Archives for 2014
5 Things Required for Pre-Approval
A pre-approval letter by a lender is one of the most beneficial documents that will help you in your quest for buying a home. When you meet with Sean Z, you can discuss loan options and budgeting structure. We will be able to check your credit … [Read more...] about 5 Things Required for Pre-Approval
Mortgage Rates 12/10/14 Update
Mortgage Rates are moving lower and could be heading for another dip. Mortgage Backed Securities and the treasury market are benefitting from the selloff in stock. We are seeing a flight to quality. Treasuries have dipped below the 2.2% mark, if … [Read more...] about Mortgage Rates 12/10/14 Update
Top Things Every Couple Should Consider Before Investing in a House
Purchasing a property should be a well thought out decision for a couple. The Sean Z mortgage team knows that buying a home is an event you have been dreaming of for years and we want to make it as enjoyable for you as possible. We know all … [Read more...] about Top Things Every Couple Should Consider Before Investing in a House
Lending Rules Are Easing as Housing Recovery Delays
Many Americans desire the security of home ownership. Hopefully with these new changes, that opportunity can become a reality for more Americans. In the early days of the housing crisis, a proposal was drafted that would make lenders hold a … [Read more...] about Lending Rules Are Easing as Housing Recovery Delays
Mortgage Rates Update 12/2/2014
Mortgage rates are again approaching the best levels of the year. The last time they were this low it lasted for only half a day, but that was due more to the Ebola scare than the market signal they are following today. If stocks make a significant … [Read more...] about Mortgage Rates Update 12/2/2014