American Capital Home Loans
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As the third fiscal quarter comes to an end, properties that have been classified as foreclosures have comprised of roughly 25 percent of the home purchases through the last three months. Find out what this trend means moving forward and for the big picture as the housing market continues to fight its way back.
American Capital Home Loans in Austin, Texas, recaps the MBA's report for the week of Aug. 27.
According a Mortgage Banker's Association survey, Refinance loan applications have been on the rise as mortgage rates continue to be at all time lows. Borrowers continue to look for ways to lower their monthly payments and/or interest rates.
The Standard & Poor's/Case-Shiller 20 city price index came out this past week, and showed an increase in home prices. But is this a sign of recovery? American Capital Home Loans breaks down the story.
Interest rates change daily, sometimes hourly. What may surprise you is that interest rates are comprised of several factors. There is no 'rate fairy' that decides what the national interest rate level is going to be.
