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Here's what you need to know about jumbo mortgages in 2023.

As the nation ruminates on the court ruling on the mandatory mask mandate, remember, “You do not need a parachute to skydive. You only need a parachute to skydive twice.” It is a safe bet that the Federal Reserve will raise short term rates more than twice before summer. This month’s STRATMOR blog is titled, “A Primer on the Federal Reserve and Mortgage Rates.” Here in Atlanta, in the MBA-STRATMOR Peer Group Roundtable meetings, much of the conversation revolves around interest rates, as one can imagine. The Federal Reserve is going to have a hard time bringi...

Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and inventory tanked.

A top ranked economics and finance blog with a focus on the housing market

Maybe i should consider refinancing. who do these low rates really help in your experience? >> they help new home buyers primarily. first time home buyers even more. refinance rates are actually a little bit higher than purchase rates. generally a half a percent or a little bit more. for example, if you were to buy a 30 year fixed home -- mortgage on a $200,000 home you're looking at about $800 a month. this applies tow people that have a credit stkoer score of about 680, 20% down, been in your job for two years. they can have a bankruptcy but not for the last ten years. no foreclosures for fi...