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Maintaining your home is a work in progress. Not caring for it properly may result in expensive home repairs down the line that could have been avoided with a little prevention. Read More
With the rise of the internet and smartphones over the past 20 years, prospective homebuyers are steadily changing the way they shop for houses. Many homebuyers are beginning and ending their search online. Read More
For many first-time homebuyers, buying your first home may be overwhelming and all of the costs and fees involved may be confusing. But what exactly is a Loan Origination fee? It’s something every homeowner should understand when buying a house and the good news is, it’s not as complicated as you may think. Read More
One of the major challenges for homeowners, especially first-time homebuyers, is saving for a down payment. But before you start saving and figuring out how much of a down payment you need for your home, let’s take a closer look at what exactly a down payment is. Read More
Are you conflicted between buying a condo or renting an apartment? Choosing one over the other presents a very different type of lifestyle and it may be difficult to even know what the difference is between a condo and an apartment. So, which is better for your living situation? Let’s take a look at the differences to help you figure out which works better for you: a condo or an apartment? LEARN MORE What is a condo? A condo, also known as a condominium, is a private residence purchased by an individual homeowner or family in a building or community with several units. Read More
It doesn’t have to be expensive to keep your home looking stylish. And if a major makeover isn’t in your home’s immediate future, there are still many ways to keep your home looking contemporary without breaking the bank. Read More
You may have heard about rent-to-own homes or even seen them advertised on a sign in or around your neighborhood. They are often aimed at those with less-than-stellar credit or who can’t get conventional financing or don’t have enough for a down payment. Read More
When you make the decision to buy a home, there are several things to think about. One of the biggest considerations is affordability. Read More
VA Loans help active military and veterans qualify for homeownership, and if you already have a VA loan, now is a great time to refinance at today’s low rates. There are two programs that can be used to refinance an existing mortgage: VA Streamline Refinance or a VA Cash Out Refinance. Read More
Investing in real estate can be a successful way to boost your net worth if you know where and how to invest. If you are looking for a good location to put your money, consider the 10 cities below. Read More
New American Funding has been named a Top Mortgage Workplace by Mortgage Professional America for 2019. The national mortgage lender ranked No. Read More


CoreLogic Expects 2021 to see First Home Price Decline in 9 Years

Posted To: MND NewsWire

CoreLogic's report on April home prices, the first for that month, says that despite fears that home prices would "bottom out like they did in the Great Recession," they continued to accelerate reaching their highest annual growth since August 2018. The U.S. CoreLogic HPI was up 5.4 percent compared to April 2019, with gains in all states and rose 1.4 percent compared to the previous month. Purchase activity, particularly among millennials, bounced back in April as the economy began to open back up. Gains were also driven by low inventory of homes especially at the entry level. Those plummeted by 25 percent on average nationally. However, the company cautions that the economic effects of the recession will continue to make themselves known over the next 12 to 18 months - and it expects that...(read more)

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MBS Day Ahead: MBS Have Followed Treasuries, But Rates Haven't Followed MBS

Posted To: MBS Commentary

Today is the lightest of the week in terms of scheduled market movers on the econ calendar (there really aren't any to speak of unless you count the New York ISM data and we barely do). In addition, bonds are fairly flat in the bigger picture. Point being: we're waiting on inspiration , and we're not even sure where it will come from. The best guess on the inspiration front is that next Wednesday's Fed announcement will bring some more meaningful trading both before and after, but it's more than a week away. In the meantime, we can watch the same ranges we've been watching. 10yr yields remain squarely range-bound after breaking below the uptrend that had been intact for more than a month. As I said yesterday, we should view that breakout as a vote to remain in the range...(read more)

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