20 Oct 2020
By RESCO Realty

The Required Steps For a Smooth Mortgage Refinance Process

Real Estate, ,
There are lots of people who have heard that one of the top ways to ensure the best mortgage rate possible is to refinance. At the same time, it is critical to make sure that this process is planned out accordingly. Therefore, there are a few steps that everyone has to follow to make sure they are able to handle the mortgage refinancing process in a smooth manner that leads to the best rate possible. Ask If A Refinance Is The Right Step There are a lot of people who assume that a mortgage refinance is a financial win; however,…
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12 Oct 2020
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – October 12, 2020

Financial Reports, ,
Last week’s economic reporting included readings on inflation,  job openings, a speech by Fed Chair Jerome Powell on the economy, and the latest Consumer Sentiment Index from the University of Michigan. Weekly reports on new and continuing jobless claims and mortgage rates were also released. Hiring Surge and Job Separations Ease in August The U.S. Department of Labor reported fewer job openings in August with 6.49 million job openings reported as compared to July’s reading of 6.70 million jobs available. Analysts noted that this indicated a slowdown in hiring after businesses re-opened when COVID-19 restrictions lapsed. Job separations, which include…
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21 Sep 2020
By RESCO Realty

What’s Ahead For Mortgage Rates This Week – September 21, 2020

Financial Reports, ,
Last week’s economic news included readings on housing market conditions, housing starts, building permits issued, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. National Association of Home Builders Reports Record High Builder Confidence The NAHB reported record high builder confidence in housing market conditions. The Housing Market Index had an index reading of 83 in September as compared to August’s reading of 78. Analysts said that this builder confidence reading was notable due to rising costs for building materials. Component readings of the NAHB Housing Market Index also rose in September. Builder confidence in…
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