Last week’s economic reporting included readings on sales of new and previously-owned homes, inflation, and weekly readings on mortgage rates and jobless claims. President Biden announced his nomination of Federal Reserve chairman Jerome Powell for a second term. Financial markets were closed Thursday and Friday for the Thanksgiving holiday.
Have You Been Denied for a Mortgage? Here Are 3 Reasons Why You’ll Want to Keep Trying
If you’re in the market for a new home, you’ll most likely need a mortgage in order to afford it. But for some home buyers, getting a mortgage isn’t easy. Here are three factors that can influence the likelihood of approval on the second try.
What Are the Advantages to Paying off Your Mortgage Early? Here Are a Few That Might Entice You
If you’re looking into fixed term mortgages, you might be wondering whether there’s any reason why you should take the full term to pay off the loan. In a lot of cases, paying off a mortgage before it comes due is a great decision. If you’re considering paying off your mortgage early, you’ll experience a variety of benefits – here are just a few of them.
What’s Ahead For Mortgage Rates This Week – November 22, 2021
Last week’s scheduled economic news included readings from the National Association of Home Builders on housing market conditions. Reporting on housing starts and building permits was released along with weekly reports on mortgage rates and jobless claims.
How to Use a Mortgage Calculator to Determine Your Monthly Payments, Interest and More
Are you thinking about using a mortgage to buy a new home? In this blog post we’ll discuss mortgage calculators and how to use one of these tools to determine your monthly mortgage payments, interest charges, amortization periods and more.
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