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Market Updates

Category: Market Updates
Posted: 7/28/2021
Read Time: 3min

Attention Homeowners: Forbearance and Foreclosure Protections Continue

A federal ban on foreclosures comes to an end July 31, but the White House has announced enhanced assistance for homeowners to potentially help those affected to remain in their homes. This is good news for homeowners who have experienced income loss due to hardships caused by COVID-19. Homeowners with government-backed mortgages will receive a

Category: Market Updates
Posted: 2/8/2021
Read Time: 3min

WCM Insights: Rising Rates & Applications

Those who have recently considered buying or refinancing a home and those who work in the mortgage industry have watched mortgage interest rates decrease over the past several months. These low rates created a great opportunity for first-time homebuyers and sellers.

Posted: 2/1/2021
Read Time: 3min
Last Updated: 9/11/2021

Historical Mortgage Rates Trends to Learn From

Whether buying a home for the first time or refinancing your current mortgage, current interest rates play a big role and so can historical mortgage rates. A popular saying among stock traders is “past performance is not indicative of future results,” and the same can not be said for interest rates. Let’s take a look

Posted: 2/1/2021
Read Time: 3min
Last Updated: 9/11/2021

A Look Ahead: Housing Market for 2021

The housing market in 2020 can be summed up in three main categories: high home prices, which was good for sellers; low interest rates, which was good for buyers; and low home inventory, which increased housing demand.

Category: Market Updates
Posted: 1/8/2021
Read Time: 2min
Last Updated: 6/12/2021

Mortgage News: Rates Drop Even Lower to a New Record (January 8, 2021)

2021 is upon us, and mortgage interest rates continue to drop. It is no surprise that these low rates have piqued the interest of both current and first-time homebuyers. Buying and refinancing when rates are low is very appealing. However, it is important to look at the housing market as a whole when determining how

Posted: 1/5/2021
Read Time: 2min

A Look Ahead: Housing Market for 2021

The housing market in 2020 can be summed up in three main points: high home prices, which was good for sellers; low interest rates, which was good for buyers; and low home inventory, which increased housing demand.