Month: March 2020

A sharp drop in mortgage interest rates had borrowers rushing to their lenders last week. Refinance volume spiked, sending total mortgage application volume up 15.1% for the week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.  The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($510,400
0 Comments
You read about it all the time, homes are more affordable in some states. Only problem? You don’t live in one of those states. If you’re planning a move, use these 8 tips for buying a house out of state! #BuyingAHouseOutOfState If this video helped you, please donate what you feel is right: https://www.paypal.com/paypalme2/andrewfinneyteam In
0 Comments
Photo of Orlando by Shutterstock Global capital to the US multifamily sector decreased by 27.3% to $10.7 billion in 2019, largely due to a sharp decrease in portfolio deals from an exceptionally high level in 2018, according to CBRE. For single-asset deals, however—a better measure of investment momentum because of less volatility from year to
0 Comments
In a rare move, the Federal Reserve announced an emergency rate cut of 50 basis points in response to the growing threat from the coronavirus outbreak. It’s the first time the Fed has cut rates by half a percentage point since late 2008.  “The fundamentals of the U.S. economy remain strong,” Fed Chairman Jerome Powell said
0 Comments