MBA Newslinks August 24, 2020 Ahead of this morning’s S&P CoreLogic Case-Shiller Home Price Indexes, a report from First American Financial Corp., Santa Ana, Calif., said low mortgage rates, tight supply and demographic demand will continue to drive home price appreciation well into autumn. “Mortgage [...]
Michael Tucker August 24, 2020 Zillow, Seattle, said sellers expanded their advantage in July as market forces continued to work in their favor. Buyers outnumbered sellers and snapped up homes at a record pace last month, Zillow reported. “This spring’s housing soft patch is receding [...]
Dan Burns August 21, 2020 (Reuters) - In signs an economic recovery may be picking up speed, U.S. home sales rose at a record rate for a second straight month in July, and purchasing managers in both the manufacturing and services sectors report business activity [...]
Robert Frank August 6, 2020 Apartment contracts in Manhattan fell by more than half in July, while deals in many New York suburbs more than doubled, showing a continued flight from the city over the summer. The number of signed contracts for co-ops and condos [...]
Michael Tucker August 6, 2020 Redfin, Seattle, said three-quarters of homebuyers who plan to buy a home within the next 12 months say the coronavirus pandemic has changed their homebuying plans. Another 25 percent of homebuyers surveyed said the pandemic has caused them to move [...]
Dhara Singh July 24, 2020 Almost a third of homeowners with a mortgage could save nearly $300 a month because mortgage rates are near historic lows, according to a new analysis. About 15.6 million homeowners — or 30% of those with a mortgage — could lower their [...]
Doug Whiteman July 19, 2020 Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple surveys — and are offering major refinance savings. Though mortgage holders have [...]
MBA Newslinks July 7, 2020 CoreLogic, Irvine, Calif., said home prices rose strongly in May, but warned that the effects of the coronavirus and subsequent economic downturn could send home price tumbling over the summer. The CoreLogic Market Risk Indicator predicts 125 metro areas have [...]
Daniel Bortz July 6, 2020 Home buyers eager to take advantage of low interest rates are rushing to schedule home tours, just recently allowed in some places as stay-at-home restrictions are eased. To curtail potential exposure to the coronavirus, however, many sellers are trying to limit the [...]
Michelle Fox July 6, 2020 With mortgage rates at record lows, it’s no wonder many Americans are refinancing their homes. Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are [...]
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Legal ©2000-2025 Mid-Island Mortgage Corp.® 900 Merchants Concourse, Suite #112, Westbury, NY 11590. All Rights Reserved. This is not a commitment to lend. Rates subject to change. Loans to borrowers with poorer credit scores are priced higher and are differentiated due to the high level of credit qualifying overlays. Restrictions apply. Licensed Mortgage Banker - NYS Department of Financial Services; MA Licensed Mortgage Lender/Broker # MC1259; Licensed by the NH Banking Department; RI Licensed Lender/Broker; Licensed by the NJ Department of Banking and Insurance; FL Mortgage Lender/Servicer; ME Supervised Licensed Lender; Licensed by the PA Department of Banking and Securities; Licensed by the Delaware State Bank Commissioner to engage in business in this State, License # 9680; CT, MD & MN Licensed Mortgage Lender; SC BOFI Mortgage Lender/Servicer; Illinois Residential Mortgage Licensee; Licensed with the North Carolina Commissioner of Banks; DC Mortgage Dual Authority Licensee; Georgia Residential Mortgage Licensee, # 57717; Virginia State Corporation Commission # MC-4685. By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
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