Approved! Credit Availability increased in April!

An increase in credit access was reported in April according to the Mortgage Bankers Association’s Credit Availability Index (MCAI). The Index increased 0.5 percent month-over-month to 122.0 in April. The increase was driven by new offerings of FHA’s 203K home improvement program, new VA offerings, and new jumbo products. The MCAI and its four components areContinue

¿Ya Refinanciaste? Hasta ahora esta ha sido la mejor semana!

Las bajísimas tasas de interés precipitaron el incremento drástico en las refinanciaciones en la semana que acaba de concluir de Octubre 17.  Según la Asociación de  Bancos Hipotecarios – MBA (Mortgage Bankers Association’s) el nuevo índice de refinanciaciones dió un salto gigantesco  del 23 por ciento comparado con la semana anterior. El índice de refinanciación Continue

Got Refi? Rates…better than ever

  Falling interest rates precipitated a major refinancing rally  according to the Mortgage Bankers Association’s (MBA’s) Refinance Index.  The MBA’s Refinance Index is a weekly measurement put together by the Mortgage Bankers Association, and the National Real Estate Finance Industry Association. Strong job growth, coupled with  low mortgage rates, should reflect now the increase in home salesContinue