Mortgage News
Should I Refinance?
As mortgage interest rates have dropped over the past few weeks, I have received numerous emails from clients
Fed Cuts Benchmark Rates and Mortgage Rates Go UP
Mortgage rates went up slightly. As expected, on Wednesday, the Federal Reserve lowered its benchmark lending rate by
Why a Fed Rate Cut on Sept. 17 Will Not Lower Mortgage Rates this Week
A Fed rate cut is almost a certainty this week. However, there are no expectations that we will
Bad News for the Labor Market Equals Good News for Mortgage Rates
On Friday, the Labor Department's closely watched Jobs Report showed that employers only added 22,000 jobs in August
Help for First Time Homebuyers
As most of you are aware, it is tough for young homebuyers to be able to buy their
Federal Reserve Chair Powell Speaks and the Markets React Favorably
Markets reacted after, speaking at an annual gathering in Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell opened
Great News for Consumers: Trigger Leads are Banned
In a significant win for consumer privacy, the US Senate on August 2 gave unanimous consent to pass
Will Friday’s Surprise Job Report Move Interest Rates Down?
Last Friday, we got a surprise that will most likely cause the Fed to lower rates next month.
How to Save Thousands on Your Mortgage
This week, a client asked me if they could make extra payments on their mortgage and how it
Is it a Seller’s Market or a Buyer’s Market?
Since 2021, the DC area has been a seller's market. In a seller's market, there are more buyers
Buy Now, Pay Later Loans Will Now Affect Credit Scores
The credit scoring company FICO recently announced it will add data from Buy Now, Pay Later loans to some
How to Quickly Improve Your Credit Score
I remember when credit scores were introduced into mortgage pricing and underwriting, and we initially thought they were
