Home builders surveyed by the National Association of Home Builders expressed their highest level of confidence in housing markets since 1999. The index reading for housing market conditions in December hit 74, which exceeded November's reading of … [Continue reading]
Mortgage 101: Understanding ‘PITI’ and What Goes in to Your Monthly Payments
Ask any friend or family member that owns a home and they will share that it takes a bit of management to keep all the expenses under control. Let's explore the concept of PITI and why it is vital to have a clear picture of how much your home is … [Continue reading]
What’s Ahead For Mortgage Rates This Week – December 18, 2017
Last week's economic reporting included readings on inflation, core inflation and the Post-meeting statement of the Fed's Federal Open Market Committee. Fed Chair Janet Yellen also gave a press conference; weekly readings on mortgage rates and new … [Continue reading]
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