Joe Gonzalez at CrossCountry Mortgage, Inc.

Simple Real Estate Definitions : Tax And Insurance Escrow

Posted on December 8, 2011 by joeglez

Want a discount on your next mortgage rate? Tell your lender that you’re willing to escrow.

Facebook

Twitter

Tumblr

Have Mortgage Rates Bottomed Out?

Posted on December 7, 2011 by joeglez

Mortgage rates have troughed. Or, so it seems.

Fed Minutes Suggest New Economic Stimulus Next Week

Posted on December 6, 2011 by joeglez

The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.

What’s Ahead For Mortgage Rates This Week : December 5, 2011

Posted on December 5, 2011 by joeglez

Mortgage markets made little change last week for the fifth time in as many weeks.

More Housing Strength : Pending Home Sales Surged In October

Posted on December 2, 2011 by joeglez

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

Posted on December 1, 2011 by joeglez

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

Case-Shiller Index : 17 Of 20 U.S. Housing Markets Slipped In September

Posted on November 30, 2011 by joeglez

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

New Home Supplies Fall To An 18-Month Low

Posted on November 29, 2011 by joeglez

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.