Tag Archives: jumbo loans

Mortgage applications decrease 1%

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Climbing mortgage rates have slowed demand for refinance applications, while purchase applications remain strong moving into the spring season, according to the Mortgage Bankers Association. Continue reading →

Making sense of the headlines: Why is there a housing shortage?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading →

Mortgage rates drop to 30-year low

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The average contract interest rate for 30-year fixed-rate mortgages dropped to 3.45 percent from 3.49 percent, its lowest level since the Mortgage Bankers Association began its weekly survey. Continue reading →

Making sense of the headlines: What will happen with interest rates?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading →

Making sense of the headlines: Is the jumbo mortgage market collapsing?

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Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading →