Category Archives: Mortgage

Millennial Women Hold Better Credit Scores than Men

But trail behind in homeownership rates August 4, 2017, Kelsey Ramírez, HousingWire.com A new study from LendingTree shows Millennial women are better than men at improving their credit score. Millennial women held an average credit score of 666, higher than men’s credit scores … Continue reading

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Mortgage Rates Hold Steady as Markets Remain Cautious

30-year mortgage increases one basis point August 3, 2017, Kelsey Ramírez, HousingWire.com Mortgage rates held steady this week, increasing only one basis point as the markets remained cautious. “The 10-year Treasury yield was relatively flat this week, as was the 30-year … Continue reading

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Housing Affordability is about to get at Lot Worse

What happens if interest rate continues increasing July 25, 2017, Kelsey Ramírez, HousingWire.com Several reports showed home prices continue to increase as affordability falls, however affordability will plummet even more next year. The Federal Reserve plans to raise interest rates once more this year, and several times … Continue reading

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Freddie Mac: Economic Uncertainty Pushes Mortgage Rates Lower

Fall below 4% mark once again July 20, 2017, Kelsey Ramírez, HousingWire.com As the market becomes less certain about the current state of the economy, mortgage rates inched lower, once again falling below the 4% mark. “Continued economic uncertainty and weak … Continue reading

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Average FICO Score Reaches 700 for the First Time Ever

Continue rising after hitting Great Recession low July 10, 2017, Kelsey Ramírez. HousingWire.com Americans are seeing higher credit scores than ever as the average national FICO score reached an all-time high, hitting 700 for the first time ever. Average credit scores … Continue reading

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Two Major Changes Make Getting a Mortgage Easier

Millions will suddenly qualify for home loan this month July 5, 2017, Kelsey Ramírez, HousingWire.com During May, two major changes will allow millions of new borrowers to enter the housing market. The first change to take effect this month is the … Continue reading

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Be Thankful You Don’t Have to Pay Mom and Dad’s Interest Rate

KCM Crew, July 5th, 2017 Interest rates have hovered around 4% for the majority of 2017, which has given many buyers relief from rising home prices and has helped with affordability. Experts predict that rates will increase by the end … Continue reading

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