Strong Mortgage Application Data and Favorable Labor Market
General News
January 14, 2019
Mortgage application numbers came in much hotter than predications. Purchase applications increased for the week of 1/7/2019 by 17% and refinances increased by 35%. Purchases are 4% higher than this […]
U.S. Adds Most Private Sector Jobs in Almost 2 Years!
General News
January 07, 2019
Automatic Data Processing (ADP) reported that private sector employment jumped significantly in December, adding 271,000 jobs. This increase was well above the 175,000 that economists expected and was the most […]
30 Second Market Update – Housing is Consistently Strong
General News
December 31, 2018
The S&P CoreLogic Case-Schiller Home Price Index (HPI) was released this month showing that national home prices continue to appreciate at a level of 5.5% for the year. This number […]
Continued Healthy Housing Market
General News
December 17, 2018
The Consumer Price Index (CPI) was released showing flat levels of inflation on the consumer level month-to-month. Annually, CPI decreased by 0.3%, but when stripping out food and energy costs, […]
30-Second Update: Stock Market Volatility Pushes Mortgage Rates to 2-Month Low
General News
December 10, 2018
Rates for home loans have tumbled for a third straight week, and now represent a 2-month low during the week of December 6th. Freddie Mac’s Chief Economist Sam Khater said, […]
30-Second Update – Fannie Mae and Freddie Mac Raise Conforming Loan Limits
General News
December 03, 2018
For the third year in a row, the Federal Housing Finance Agency has raised the conforming loan limit for Fannie Mae and Freddie Mac in nearly every part of the […]
Housing Market Slows but Still Steady
General News
November 26, 2018
The National Association of Home Builders (NAHB) released their Housing Market Index (HMI) for the month of November. With this release, we see the number drop from 68 down to […]
Inc. Magazine Unveils 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000
General News
November 21, 2018
Inc. Magazine Unveils 36th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000 For the 9th Time, Advisors Mortgage Group Appears on the Inc. 5000 list. NEW YORK, […]
30 Second Update: Federal Reserve Leaves Rates Unchanged
General News
November 19, 2018
The Federal Reserve, in its November meeting, has left their benchmark interest rates unchanged. The Federal Open Market Committee, unanimously approved keeping the federal funds rate in a range of […]
Home Prices On The Rise
General News
November 12, 2018
According to CoreLogic’s reporting, home prices across the country increased by 5.6% since November of last year. Just over the last month, home prices have also increased by 0.4%. Forecasts […]
Consumer Confidence and Wage Growth Are Up!
General News
November 05, 2018
US consumer confidence, which measures consumers’ feelings about current and future economic conditions, rose to an 18-year high in October. The consumer confidence index increased to a reading of 137.9, […]
Tips To Winterize Your Home
General News
November 02, 2018
Outside Your Home: Clear gutters from fallen leaves and debris Buy salt and a snow shovel now so you have it before the storms hit Seal up any cracks or […]
