Entries by Andy Cruz

Mortgage Rates Fall Even Further

We’re starting off December on quite a low note… lower rates that is! That’s right we just had another great week of mortgage rates trending downward to end the month of November and kick off the month of December right during the holiday season. And no better gift could be given for homeowners right now […]

Interest Rates Easing, Sparks New Demand

I hope everyone enjoyed a great Thanksgiving with friends and family and we can also give thanks to lower mortgage rates which increased demand AGAIN last week. Purchase applications were up 3.9% and refinance applications increased 1.6%. This is beginning to prove the point we have been making – when rates go down demand will […]

The Fed Paused! And did you hear about that lawsuit?

Wow talk about 2 competing headlines last week. The Federal Reserve paused interest rate hikes and a MASSIVE lawsuit was decided last week leaving Real Estate Agent commissions in the crosshairs in the future. On both counts there is still a lot of dust to settle, but for now, check out what we think is […]

Spotlight is on the FED this week! Can they REALLY do THIS?

In case you’ve been living under a rock, the US debt is climbing like crazy! Fed Chair Jerome Powell and other policymakers have indicated the surge in longer-term Treasury yields may reduce the case for continuing to hike the central bank’s benchmark interest rate. The FOMC announces their rate decision Wednesday of this week and […]