As we come to the end of the year, we can look back and see plenty of pot holes the economy had to overcome. But the economy did overcome the challenges and we had a very good year — for
MARKET COMMENT
Mortgage bond prices finished the week lower which put upward pressure on rates. Rates were flat Monday and Tuesday mornings despite solid data. The NAHB housing index was 76 versus the expected 69. Housing starts were 1.365M versus 1.34M.
New home sales posted a small gain in November, after downward revisions for prior months. However, the sales pace for newly-built single-family homes is ending the year strong, with solid demand pointing to additional construction gains in 2020.
Contracts for new,
Habitat for Humanity Tucson, a non-profit that works to transform lives through shelter, has announced that it will be using WEI Technology’s LendingPad Loan Origination System (LOS) for its future mortgage operations. The non-profit has praised LOS’s versatility, simplicity, and
The end of the year is in sight as we enjoy the final holidays of 2019. As we have mentioned previously, it has been a very interesting year to say the least. Highlighted by lower interest rates, a strong stock
Ariana Fajardo Orshan, U.S. Attorney for the Southern District of Florida, Michael J. De Palma, Special Agent in Charge, Internal Revenue Service, Criminal Investigation (IRS-CI), and George L. Piro, Special Agent in Charge, FBI’s Miami Field Office announced that Evelio Suarez,
Fort Lauderdale, Las Vegas, San Francisco, Salt Lake City, and Nassau County, NY experienced
WASHINGTON – Ahead of the release of the 2019 Annual Homelessness Report to Congress, U.S. Department of Housing and Urban Development (HUD) Secretary
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.73 percent, unchanged from a week ago.
“The economy continued
