Information credited to USA Today Spring has sprung early in this housing market. Buyers, seeing a new trend toward higher interest rates, are rushing in before the first buds appear. Mortgage applications rose 4.5% last week from the previous week, according to the Mortgage Bankers Associatio...[read more...]

Information credited to MortgageNewsDaily.com and Apartment Therapy   A shutdown of the federal government — which will occur if Congress can't approve at least a temporary funding bill today, an increasingly likely scenario — could throw a monkey wrench into many corners ...[read more...]

Information credited to NationalMortgageNews.com The tax bill Congress sent to President Trump's desk this week is likely to prompt at least a short-term spike in mortgage rates, according to Freddie Mac.   30-Year FRM 15-Year FRM 5/1 -Year ARM ...[read more...]

Information credited to Foxnews.com WASHINGTON –  Construction of new homes climbed 13.7 percent in October, the biggest jump in a year as builders broke ground on more apartments and single-family houses. The Commerce Department said Friday that the monthly gain put U.S. housing st...[read more...]

WOW.... What a GREAT weekend! HANCOCK MORTGAGE IS PROUD TO BE PART! 50 of the top loan officers and Realtors in the country all convened at the home of Ryan Stewman, to learn from Jay McMaken, how to properly serve our Vets in the home buying process and become an advocate for our Vets with the u...[read more...]

Buying a home can either feel like an exciting adventure or a tiring chore. As the home buyer, the good news is that you have the power to take simple steps to make the process of buying a home go smoothly. After all, this is a huge milestone that you should enjoy. Many home buyers fall into the ...[read more...]

Eligible Borrowers US Citizens Permanent Resident Aliens Non-Permanent Resident Aliens Non-Occupant Co-Borrowers Purchase Primary Occupancy Max Loan Amount Varies Per County (Based on HUD Guidelines) 1-4 Units LTV: 96.5% FICO: 600 Cash Out Refinance Dependen...[read more...]

Each year, National Mortgage Professional Magazine evaluates employers in the mortgage industry based upon what their readers report as being important to them. The criteria for NMP's evaluation incuded, but was not limited to: Compensation, Corporate Culture, Long Term Strategy, Day-to-Day M...[read more...]

A housing market recovery may finally be imminent. Mortgage News Daily recently reported that experts from the National Association of Home Builders cited a recovering economy, low mortgage rates, pent-up demand and affordable home prices all conspiring to lift the housing market. In fact, March pen...[read more...]

Memorial Day is one that most people celebrate around the grill or at the family campsite because it unofficially means that summer has begun. However, you might not know these fun facts about the annual holiday. Memorial Day began as a way to honor those who died in the Civil War. The start of t...[read more...]

How much money do you spend each summer to cool your house? On average, U.S. households spend $375 or 17% of their energy budget on cooling expenses. But you can save money when you try five tips this summer. 1. Adjust the Thermostat Before you leave for work or vacation, raise the thermosta...[read more...]

In its most recent Origination Insight Report, Ellie Mae describes the current state of the purchase mortgage market. The market was split with refinancing accounting for 33% of the market and purchase origination accounting for 66%. More than 4/5 of FHA loans were purchase originations, compared to...[read more...]

The real estate market is ever-changing, shifting from a buyer’s to a seller’s market and then back again. In the current housing market, sellers and buyers are no longer on the same page, this according to a recent survey performed by Redfin. Read on to learn what this research shows in...[read more...]

The housing crisis and economic collapse that the United States and many other countries all over the world experienced in the last few years devastated the housing market. The sheer number of foreclosures skyrocketed overnight. And with the sudden influx in housing inventory on the market due to fo...[read more...]