Mortgage Blog
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Category: Real Estate (10 posts)
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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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 ...
read moreWeekly Update September 29th 2023
October 6, 2023 | Posted by: Paul London
Real Estate News in Brief For would-be homebuyers, last week was a 1–2 punch of record home prices (Case-Shiller index) and a 23-year high for mortgage rates (average 7.65% on a 30-yr mort ...
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