Mortgage Blog
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Weekly Update September 27
September 27, 2024 | Posted by: Paul London
Mortgage Market Trends: What’s Really Going On? Mortgage rates have dropped significantly over the last five months, leading to a surge in refinancing activity. However, we haven’t yet se ...
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Weekly Update August 30 2024
August 30, 2024 | Posted by: Paul London
Mortgage Market Another good week for potential buyers (or refinancers), with average 30-year mortgage rates dropping below 6.4% as the market reacted to the Jackson Hole speech. Mortgage rates hav ...
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Weekly Update August 23rd 2024
August 23, 2024 | Posted by: Paul London
July housing starts disappoint. New home starts fell 7% month-over-month to 1.24 million units (annualized) — their lowest level since July 2019 (excluding the onset of COVID). [Much mo ...
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August 21st Rate Update
August 21, 2024 | Posted by: Paul London
Bond pricing and treasury yields continue to hold steady in early trading. The U.S. 10 Year Treasury Yield slid lower into the close yesterday with light economic news. The latest Fed minutes will be ...
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Only 1% Down!
April 26, 2024 | Posted by: Paul London
Unlock Your Dream Home in the Poconos with Mountain Mortgage's 1% Down Program! Are you eyeing the tranquil beauty of the Pocono Mountains for your next home sweet home? With Mountain Mor ...
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Weekly Update January 12th
January 12, 2024 | Posted by: Paul London
Real Estate News in Brief With the spring/summer selling season around the corner, there are many reasons to be optimistic. Mortgage rates have already dropped, the Fed is likely to start cuttin ...
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Weekly Update October 20th
October 20, 2023 | Posted by: Paul London
Real Estate News in Brief Responding to very strong retail sales figures, the bond market took another dive, and average 30-year mortgage rates consequently moved above 8%. The slowdown in tra ...
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Weekly Update October 13th 2023
October 13, 2023 | Posted by: Paul London
Real Estate News in Brief It was another rough week for the housing market, with September inflation (CPI & PPI) coming in higher than expectations, and homebuyer sentiment bumping along the ...
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Weekly Update October 6th 2023
October 6, 2023 | Posted by: Paul London
Real Estate News in Brief The trend has not been a homebuyer’s friend, as mortgage rates hit another new high, while home prices continued to rise across the country. It’s jobs week ...
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