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Loan Demand Defies Rising Rates

Despite a solid gain in mortgage rates last week, home buyers and refinancers were not deterred. Last week, mortgage applications for home purchases increased 6% compared to the previous week. Purchase applications are just 0.1 percent higher than a year ago. Mortgage rates were volatile last week, the MBA reported. Rates moved up and down based on daily news reports.
Read article – Realtor Magazine

Arvada ranks among top locations for first-time homebuyers

NerdWallet recently ranked Arvada in the top 30 best places in America for first-time homebuyers. The company analyzed affordability, safety, schools and the amount of financial assistance available to homebuyers in each area. Out of 448 cities, Arvada ranked 27th, thanks to strong stability factors like its low unemployment rate.
Read article – Golden Transcript


Additional articles that you might find of interest:

7 Things You Can Do Now To Instantly Up Your Home Value For Under $100
Read article – Realty Times

Trump Puts a Halt to FHA Mortgage Cuts
Read article – Realtor Magazine

When Should Buyers Lock in a Mortgage Rate?
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What To Do If You Were Counting On The Mortgage Premium Cut
Read article – Realty Times

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