After a brief pullback at the end of June, homebuyers rushed back into the mortgage market last week, taking advantage of record-low mortgage rates. Mortgage applications to purchase a home rose 5% for the week and were a remarkable 33% higher…
Now is an excellent time to purchase a home with low interest rates too. Contact us at 949-415-4101 or jrod@ifminc.com, we are always happy to help! After plunging to nearly the lowest level in its history in April, an index…
If you are purchasing or refinancing a home, chances are you have learned a lot of new terms. One of those may be “points.” But what exactly are points in a real estate deal? Points are referred to as mortgage…
Many home buyers love a neighborhood with great amenities. A community pool, parks and playgrounds, and well kept walking trails all make prospective buyers’ eyes light up. If you are looking to buy in a neighborhood with top-of-the-line amenities, make…
Pending home sales soared in May after two down months due to the COVID-19 pandemic, reinforcing many observers’ confidence about the housing market’s resilience and role in the country’s economic revival. The Pending Home Sales Index (PHSI), a metric based…
Like most of America, you are probably still spending more time at home than usual due to COVID-19 precautions. This is the perfect time to do a little bit of window shopping for a new home or get inspiration for…
If you are a homeowner in the United States, you likely have a mortgage, a loan taken out to pay for your home. The terms of these loans vary but most follow a 30-year payoff plan, with interest being paid…
Summer is here! With warm temperatures and sunny days comes the opportunity to enjoy a nice refreshing dip in a pool. With COVID-19 still impacting the health and routines of most Americans, here are some tips to take a dip…
Purchase applications were up 18% compared to the same time last year and up 6% from a week ago, according to the Mortgage Bankers Association‘s Weekly Mortgage Applications Survey. This gives us two back-to-back weeks of positive year-over-year prints for purchase…
Despite open houses pausing over the spread of COVID-19, a new survey from the National Association of Realtors said that 65% of people who attended an open house within the last year would do so now without hesitation, while another…
