Mortgage application volume falls to a four-year low
As per National Mortgage News, Mortgage application activity dropped to its lowest level since December 2014 as interest rates reached an eight-year high, according to the Mortgage Bankers Association. The MBA’s Weekly Mortgage Applications Survey for the week ending Nov. 2 had a 4% decline from one week earlier as the refinance index decreased 3% over the […]
Is FHA Home Loan a Good Option for Me?
FHA, which stands for the Federal Housing Administration, is a United States government agency which insures home loans for FHA approved lenders. One of the best tips for buying a house is to fully understand all the financing options that are available to them. As a buyer is trying to determine which type of mortgage is […]