Mortgage Application Volume, Tiny Increase in Purchase Activity Ends 5-Week Slump

By: Lexi Malen

This is a very good article to help deepen the understanding of what is happening in the mortgage industry and to mortgage companies.  Over the next 9-15 months it...

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4 Positives about today’s housing market

By: Lexi Malen

In general I agree with much of what is said in this article.  First and foremost I do not believe we are headed to a home value crash, the...

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HELOCs are now “raging back”

By: Lexi Malen

As the 30 year fixed rate 1st mortgages have gone from the high 2’s to the mid 5’s in 2022 and along with our incredible home appreciation over the last...

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Mortgage rates fall sharply after negative GDP report and Fed’s latest hike

By: Lexi Malen

Often mortgage rates “bake in” expected fed rate hikes, meaning that the mortgage markets take the expected news and mortgage rates push up before the fed announcements.  In this...

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How “generation rent” is approaching home buying in 2022

By: Lexi Malen

It is great to see Gen Z and Millennials entering the housing market.  While it is a tough buyers’ market with the short supply and increasing rates there are...

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Mortgage Rates Jump to Their Highest Point In 13 Years

By: Gem Home Loans

As a few thoughts to compliment the article; all expectations are that rates will continue to move up through the foreseeable future.  The pressures from inflation, 10-year T-bill, war...

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Getting Approved To Borrow Got Easier In May

By: Gem Home Loans

Before you can shop for a house to buy, you have to make sure you’ll be able to get a loan. After all, there’s no point in falling in...

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Lenders Report Growing Demand From Buyers

By: Gem Home Loans

Whatever challenges today’s housing market has, they haven’t deterred home buyers. Buyer demand spiked last summer and hasn’t let up since. In fact, a newly released survey of mortgage...

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Has The Second-Home Buying Boom Started To Cool?

By: Gem Home Loans

Having a second home is a dream for a lot of people. Who doesn’t want somewhere beautiful they can escape to when they need a break or want to...

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