Mortgage News

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17 Jan

Should You Combine Finances with Your Partner?

2017-11-30T19:58:50+00:00January 17th, 2016|Homebuying Tips, Las Vegas, Refinancing|

Depending on who you ask, combining finances with your significant other is either a positive step towards establishing a life together OR the worst idea ever. If you're considering it, here are some pros and cons to weigh. Pros Teamwork If you’re on the same page and your financial priorities are fully aligned, you're likely looking [...]

6 Jan

Las Vegas Home Prices Rising

2017-12-01T09:00:34+00:00January 6th, 2015|Las Vegas, Real Estate News|

Good news for Las Vegas homeowners! Home prices in the Las Vegas metropolitan area rose 7.2 percent in November compared to the same month a year ago, real estate analytics company CoreLogic reported Tuesday. The statewide increase was even better at 7.9 percent, placing Nevada in a tie for fourth with North Dakota behind only [...]

21 Jul

What Affects Mortgage Rates?

2017-12-01T09:57:05+00:00July 21st, 2014|Mortgage News|

Lately, historically low mortgage rates have been making the news once again. What causes rates to fluctuate? One main component is supply and demand. This controls the interest rate of mortgages on a fundamental level. When many people are seeking mortgages to buy homes. When there are a lot of buyers seeking mortgages, lenders can [...]

4 Jul

Mortgage Rates Fall for Third Straight Week

2017-11-30T19:42:10+00:00July 4th, 2014|Mortgage News|

This is great news for borrowers! According to Bloomberg, interest rates for 30 year fixed rate mortgages fell to an average of 4.12% this week, down from 4.14% last week. Despite a slow start to the year, housing demand has been steadily regaining strength since May. According to the National Association of Realtors, contracts to buy [...]