News Archive - January 2015 | Purchase Mortgage Loans in Madison Wisconsin, Ofallon Missouri, Denver Colorado

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Mortgage Real Estate News Archive - January, 2015

• Mortgage Refinancing Spikes While Interest Rates Remain Low

   Home Buyers  \  January 30, 2015 12:00 am

  

  The Mortgage Brokers Association (MBA) announced sharp increase in mortgage application volume this month. In the last year there have been plenty of positive economic reports furthering consumer confidence in the US and this latest news adds more. The most recent spike in mortgage applications puts the total volume 41% higher than it was last year this time....

• The US Supreme Court Looks at the Fair Housing Act

   Home Buyers  \  January 23, 2015 12:00 am

  The U.S. Supreme Court is in the process of finally shutting the book on the long time argument over the occurrence of disparate impact claims resulting from provisions under the Fair Housing Act. Earlier in the week, the US Supreme Court gathered to hear a major civil rights case in Texas which was originally being heard in a lower-level court. The Fair Housing Act was enacted in 1968 and since...

•  Most Homeowners in 2015 Eligible for Refinance

  

   Home Buyers  \  January 19, 2015 10:00 am

  A recent report put out earlier this month shows that most homeowners would be eligible to refinance their mortgage loansand save a substantial amount of money. Homeowners could save an average of $200 per month on their mortgage payment, yet most still do not even look into refinancing. Why? So what stops Homeowners? Fear. Plain and simple it's fear that stops most still do not even look ...

   

• Interest Rates Not Likely to Hike Before April

   Home Buyers  \  January 10, 2015 10:00 am

  The latest Federal Reserve meeting concluded with positive news that the current Interest rates are not likely to be increasing before April 2015. This was announced at the latest Federal Reserve meeting in December when the Fed reported continued growth for the US economy. This is great news for investors and real estate prospectors as it removes the worry of interest rate percentage...

• 2015 Promises Great Things for First-time Home Buyers

   Home Buyers  \  January 2, 2015 09:00 am

  Although it has not been too terribly long ago that the US suffered a devastating economic crash, things have turned up and the US economy has been rebuilding rather nicely. Employment and number of available jobs are increasing steadily, homeowners are crawling out of debt, and buyer confidence in America seems to be almost back to normal. Almost, that is. One thing has not bounced... 

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