Conventional 30yr fixed rate quotes went down to 3.75%-3.875%.

Mortgage Rates Lower Despite Stock Rally Mortgage rates did something they haven’t done all year today.  They actually improved in the face of a stock rally.  In fact, it was the third best day for stocks so far in 2016.  … Read More

Home prices continue to recover from the collapse

Home Prices still Defying Predictions No matter how much it is predicted, home price gains are still failing to decelerate.  All three of the S&P/Case-Shiller indices were slightly higher on an annual basis in November than they were in October … Read More

Reverse Mortgage Counterpoints

Reverse Mortgage Counterpoints and Updates–How Many People Turn 62 Every Day? The FHA’s insurance fund is out of the headlines, having moved above the mandated 2% level. (Yes, for the first time since 2008!) Everyone agrees that the increase is … Read More