News

An adjustable-rate mortgage Should be Considered by Borrowers 06/09/2022 As mortgage rates in recent weeks have soared to levels not seen in more than a decade, home loan borrowers are considering their financing options. According to the Mortgage Bankers Asso...

As Today's Interest Rates Drop Slightly, Refinance Maybe a Good Choice 05/28/2022 According to today's rate schedule, 15-year and 20-year mortgage refinance rates fell slightly compared to the last week, providing significant savings opportunities for homeowne...

Adjustable-rate Mortgages Are Becoming More and More Popular Nowadays 05/19/2022 According to the Mortgage Bankers Association, demands for adjustable-rate mortgages, or ARMs, hit a 14-year high last week. As interest rates rise, borrowers begin to seek chea...

Great! USCIS released a new rule: The EAD card is automatically extended by 540 days! Two hundred sixty thousand people are benefited from it! 05/19/2022 According to the report, the Bureau of Citizenship and Immigration Services (USCIS) announced that due to ...

A Home Equity Line of Credit Maybe a Wonderful Choice 05/12/2022 What is a HELOC? A HELOC（Home Equity Line of Credit）allows borrowers to borrow against the equity they have already built up in their home. A HELOC has a wide range of applications, includi...

The Art of Expectation Management： The Fed's various "Tricks" 05/10/2022              "I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."                         ...

Mortgage Applications Jumped in Latest MBA Weekly Survey 05/05/2022 According to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey for the week ending April 29, 2022, mortgage applications increased 2.5% from a ...

Will the mortgage rate usher the dawn under the shrinking balance sheet?​ 04/23/2022 The Fed mentioned in its latest minutes that it will officially begin shrinking its balance sheet in May, and predicted it may be the largest ever. After the Federal Reserve...

Will the mortgage rate usher the dawn under the shrinking balance sheet?​ 04/23/2022 The Fed mentioned in its latest minutes that it will officially begin shrinking its balance sheet in May, and predicted it may be the largest ever. After the Federal Reserve...

How High Would Mortgage Rates Rise? On the whole, mortgage rates have been rising in 2022, exceeding 5.00% for the first time in years. As homeowners look at the rapidly increasing rates, many may wonder how high rates would rise. While it’s hard to predict,...