by Element Mortgage | Sep 29, 2019 | Colorado, Live
For the eighth straight month, the average rate paid on a 30-year mortgage* loan fell to 4.07 percent, according to Ellie Mae. This continual dip in interest rates may be attributed to an increased number of individuals refinancing their homes. Those accounted for 43... 
by Element Mortgage | Sep 29, 2019 | Live, Washington
There’s some exciting news to report: Nationwide home equity increased 4.8 percent, according to CoreLogic’s Homeowner Quarterly Insight Report. Home equity is the ratio between how much a home is worth compared to the amount owed. Year-over-year, the increase... 
by Element Mortgage | Sep 29, 2019 | Hawaii, Live
There are some new provisions coming to VA loan programs. The U.S. Department of Veterans Affairs announced a change to the VA guaranty limits, which impacts the lender of the loan if the borrower is unable to follow through on payments. The Blue Water Navy Vietnam... 
by Element Mortgage | Sep 29, 2019 | California, Live
The home sales slump of 2018 has been erased thanks to some home sale gains this summer, according to the National Association of Realtors®. Existing home sales in August improved for the second month in a row. The National Association of Realtors® is crediting this... 
by Element Mortgage | Sep 21, 2019 | Colorado, Live
The price jumps for single-family homes in Fort Collins are showing signs of de-escalation. Yet, the median price for rent keeps climbing, according to the Coloradoan. Even as new units are being built, there isn’t much relief as consumers face a higher price point...