Tag Archives: Conforming Mortgage

Mortgage rates same for loans big and small

“It’s a confluence of events, really, and all of them help the spread between jumbo and conventional loans,” said Matthew Graham, COO of Mortgage News Daily. “Nonagency jumbo lenders began dipping their toes in the water as early as 2011, … Continue reading

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Pending Home Sales Soar 6.7 Percent to 6-Year High

“Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher,” said Lawrence Yun, chief economist for the Realtors. “This … Continue reading

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This week in Real Estate

“When droves of newly wealthy individuals suddenly rush to a low-inventory market at the same time, it can drastically impact the market,” Hebron wrote. For all the latest news on Facebook’s first day of trading, see MarketWatch’s special report on … Continue reading

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Bay Area Mortgage Broker AccessBanc Mortgage Says March Federal Reserve …

The March 2012 Federal Reserve meeting showed signs of economic expansion that may lead to higher mortgage rates across the nation, but especially in the Bay Area. AccessBanc Mortgage suggests locking in a rate now, before they rise. San Jose, … Continue reading

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