Mortgage Updates

Access National’s website gives you a daily market update, with comments from the prodessionals.

The once booming real estate market is now slowing down once again. The biggest impact is hot real estate areas such as Arizona, Florida and California but has spread overall to 28 states.
Can it be that most now have homes? Doubtful, it’s more likely that many can’t afford the homes that are there. When the [...]

“Mortgage rates around the country dipped for a third week in a row, pushing 30-year mortgages to their lowest level since April,” according to an AP article in the Ledger-Enquirer.
This week, 30-year, fixed-rate mortgages fell to 6.55% (down from 6.63 percent last week). The last time rates were this low was the week of [...]