Doctor Mortgage: Cooler Spring Home-Buying Market

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Keeping you updated on the market! For the week of March 4, 2019   MARKET RECAPThe No. 1 Sign That We May See a Cooler Spring Home-Buying Market This year’s spring home-buying season, when the frenzy typically kicks off for the year, appears to be off to a slow start—particularly in and around some of… [Read More]

Weekly mortgage applications rise

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Keeping you updated on the market! For the week of February 25, 2019   Weekly mortgage applications rise, a sign of hope for the spring homebuying season Mortgage application volume increased 3.6 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications to purchase a home increased 2… [Read More]

What to Know About Mortgage Insurance

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What to Know About Mortgage Insurance If you’re like most people, your greatest concern when buying a home isn’t the monthly mortgage payment. It’s having enough saved for a down payment. Many homebuyers assume you need to have a down payment equal to 20% of the home’s value. That’s not the case. Yes, there are… [Read More]

Home prices rise at a slower pace: S&P Case-Shiller

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  Keeping you updated on the market! For the week of February 4, 2019 MARKET RECAP Home values increased 5.2 percent annually in November, slowing from 5.3 percent in October, according to the widely watched S&P CoreLogic Case-Shiller National Home Price Index. The 10-city composite annual increase also fell to 4.3 percent, down from 4.7… [Read More]

Doctor Loan Economic and Rate Update: Mortgage Interest Rates Migrate Upward While Weekly Mortgage Applications Fall

  Keeping you updated on the market! For the week of August 6, 2018 MARKET RECAP Mortgage Interest Rates Migrate Upward While Weekly Mortgage Applications Fall The highest interest rates in about a month and high home prices took their toll on the mortgage business last week. Total mortgage application volume slipped as interest rates… [Read More]