Existing Home Sales Reverse Course, Down 3%

Las Vegas Mortgage Broker

Existing home sales put an end to two straight months of gains, retreating in April on both a monthly and annual basis.  The National Association of Realtors® said the sales of single-family homes, townhouses, condos, and cooperative apartments dropped by 2.5 percent from March’s estimate of 5.60 million to a seasonally adjusted annual rate of 5.46 million. […]

Homebuyers are Stretching Their Budgets and Mortgage Limits

homebuyers

Homebuyers are Stretching Their Budgets and Mortgage Limits More buyers are stretching their budgets, putting less money down or using adjustable rate loans that offer lower rates. Buyers today need to be not just pre-approved for a mortgage but have a mortgage commitment. Borrowers have more options for low-downpayment loans, options that were not available […]

Mortgage Rates & Market Improvements

Mortgage Rates

Mortgage Rates And Market Improvements Mortgage Rates Unchanged Despite Market Improvements Mortgage rates were generally unchanged today, although a few lenders offered slight improvements.  This stands in contrast to the noticeable improvements in underlying bond markets.  As we discussed yesterday, Treasury yields are leading the charge toward lower rates, and while the bonds that underlie mortgages are definitely […]

How To Find The Best Mortgage Lenders

the best mortgage lenders

How To Find The Best Mortgage Lenders Whether you’re moving to a new home or buying a home for the first time, you need to make sure you’re working with a mortgage lender or a mortgage broker who will find the best mortgage rates, take steps to make sure you will close on time and […]

Las Vegas Housing Market

:as Vegas Housing Market

Las Vegas Housing Market: Las Vegas named the hottest real estate market for 2018 Las Vegas was named the number one real estate market in the country for 2018. The site based its criteria on the price and amount of existing homes, new home construction, and local economic trends. “We’ve been number one a lot […]

The time is NOW to buy, sell or refinance

purchase and refinance

The time is NOW to buy, sell or refinance Purchasing or refinancing? Let us help you unlock the door to your dreams! Homebuyer Mistakes to Avoid: Assuming you won’t get approved for a mortgage Ideally, you’d like to have as little debt as possible, an impeccable credit score, and a 20% down payment before borrowing […]

Rising Mortgage Refinance Rates – Is Now The Right Time To Refinance?

Mortgage Refinance Rates As we all know, rates are inching up. And while we know it is no where near time to panic, uninformed clients read these headlines and they can start to worry about buying that new home.  What they don’t know is that there are options out there and one good loan candidate […]

Millennials Want to Become Homeowner, but Believe It’s Impossible

millennials home buyers

How Millennials Are Changing the Housing Market FACTS ON MILLENNIALS AND HOMEBUYING U.S. millennials total 66 million individuals and 24 million independent households The median age for first-time homebuyers has remained virtually unchanged for the past 40 years: In 2015 it was 31 years old, compared with 30.6 in 1970-74 Two-thirds of millennials haven’t reached that homebuying […]