
Refi Demand Ebbs Gradually As Rates Remain Rangebound
Mortgage application activity declined again last week as refi demand continues pulling back after the surge in mid September. According to MBA’s Weekly Applications Survey for the week ending October 3, total volume fell 4.7% on a seasonally adjusted basis and 5% unadjusted. The Refinance Index dec
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How to Fire a Real Estate Agent as a Buyer: What to Know Before You Make the Switch
Key takeaways Check your contract: Know whether you signed an exclusive buyer’s agreement. Communicate first: Sometimes issues can be resolved before ending the relationship. Protect yourself: Always document termination in writing to avoid commission disputes. Choose wisely next time: Interview age
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How to Sell and Buy a House at the Same Time: The Ultimate Guide
If you’re a homeowner looking to buy your next home, then you’ll likely have to juggle selling and buying at the same time. In an ideal world, you’d close on both homes on the same day, but that’s rarely the case. Expect some time between selling your house and buying a new one – or vice versa. In
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What Is a 7/6 ARM? How This Adjustable-Rate Mortgage Works and When to Consider One
When shopping for a mortgage, you’ll likely come across different loan terms, fixed-rate, adjustable-rate, and hybrids like the 7/6 ARM. But what exactly does “7/6 ARM” mean, and how does it compare to a traditional 30-year fixed-rate mortgage? Whether you’re buying a house in Los Angeles, CA or set
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