Get Ready To Buy a Home in 2025
Some HighlightsIf buying a home is on your goal sheet this year, here’s how to make it happen.Focus on improving your credit, planning for your down payment, getting pre-approved, and prioritizing your wish list.But first, connect with a trusted agent and lender so you have expert advice every step
Jobless claims keep mortgage rates elevated
Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isn’t breaking. The labor market is getting softer but hasn’t broken yet, as it has before every recession post World War II.Mortgage rates have remained mostly in a range over th
Reverse mortgage case number metric reaches highest level in two years
Home Equity Conversion Mortgage (HECM) endorsements saw a healthy increase in October 2024. They jumped by 11.3% to 2,392 loans for the month, according to data compiled by Reverse Market Insight (RMI).But after additional data about the month of October was released, one metric of reverse mortgage
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