Joe Gonzalez at CrossCountry Mortgage, Inc.

Buyer Foot Traffic Through New Construction Up Nearly Threefold Since 2009

Posted on March 21, 2012 by joeglez

Home builder confidence in the newly-built, single-family housing market remains high.

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Loans For Underwater Homeowners : HARP 2.0 Now Available

Posted on March 20, 2012 by joeglez

The new, revamped HARP program is now available. It was officially released Saturday, March 17, 2012 by Fannie Mae and Freddie Mac.

What’s Ahead For Mortgage Rates This Week : March 19, 2012

Posted on March 19, 2012 by joeglez

Mortgage markets worsened last week as the Federal Reserve’s Federal Open Market Committee suggested economic recovery may be closer than its originally expected, and that inflation may be a near-term economic concern.

Foreclosure Volume Slated To Rise This Spring

Posted on March 16, 2012 by joeglez

After a series of months during which volume was low, foreclosure filings have started to rise again.

Mortgage Rates Climb Sharply After Retail Sales Report

Posted on March 15, 2012 by joeglez

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

A Simple Explanation Of The Federal Reserve Statement (March 13, 2012)

Posted on March 13, 2012 by joeglez

Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

The Fed Meets Today : Protecting Your Housing Payment

Posted on March 13, 2012 by joeglez

The Federal Open Market Committee meets today,its second of 8 scheduled meetings this year. As a home buyer or would-be refinancing household, get ready for changing mortgage rates.

What’s Ahead For Mortgage Rates This Week : March 12, 2012

Posted on March 12, 2012 by joeglez

Mortgage markets were mostly unchanged last week despite a series of positive developments. In addition to Greece successfully reaching a deal with its private creditors, the U.S. economy turned out strong reports — most notably the Non-Farm Payrolls report.

FHA Drops Upfront Mortgage Insurance Premium To 0.01% For Qualified Borrowers

Posted on March 9, 2012 by joeglez

Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group’s new, costly mortgage insurance premium schedule.