We are thrilled to expand our renewed commitment to Diversity and Inclusion through a partnership with Circa, a national workforce development and recruiting company. With a tarnished history of discrimination, the mortgage industry... »
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Uncategorized
At Homebridge, we know our customers come from all walks of life, and so do we. Under the leadership of our new Office of Diversity and Inclusion, we are inspired to try new... »
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Stories from the Frontline
Oct 13 2020There's no place like home, just ask Mackenzie Holowach.
When the pandemic hit, Holowach was transferred to assist at a COVID testing site and later worked in a New Jersey ICU. Changing clothes before entering... »
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Homebridge Launches Office of Diversity and Inclusion as Part of Commitment to Employees, The Housing Industry, And Customers
Homebridge announced their newest commitments to diversity, inclusion and empowerment for borrowers and employees of the... »
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Top 3 Home Renovations and How to Achieve Them
Sep 25 2020Fall is here and as the leaves change colors you may be asking yourself, what would make my home the one I’ve always dreamed of? Maybe an inground pool, a backyard deck or... »
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Why & How to Buy & Reno a Fixer Upper
Sep 2 2020Many homebuyers look for the “perfect” home rather than the right home. If you’re shopping for a new home to build equity and set down roots for you and your family, think about... »
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Purchase with No Reno Loan!
Aug 4 2020Shopping for a new home is an amazing experience. For many first-time homebuyers, getting to finally see the homes they’ve long researched is the best part of the process. To expand that search,... »
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Coronavirus and Extreme Volatility
Mar 20 2020This past week, home loan rates ticked up again despite the Fed recently cutting rates by a full point and the 10-year Note remaining just above 1%. Why?
Mortgage backed securities (MBS) are bonds... »
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A Great 2020 Housing Story
Feb 21 2020The continued strength of the labor market, along with historically low mortgage rates, will keep positive housing momentum alive in 2020.
The Unemployment Rate is currently at a 50-year low of 3.6% with expectations... »
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What the Market Is Saying
Feb 14 2020Home loan rates continue to hover near three-year lows. There are some on Wall Street who say rates are going to push even lower at some point — and they may be right.... »
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Uncertainty Helps Rates
Jan 24 2020Bonds love uncertainty and bad news. As a result, rates improve when not-so-good news emerges.
That was the story this past week, as China has reported a new deadly coronavirus has started to spread... »
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Fed Rate Cut Coming — But Don’t Wait
Oct 11 2019U.S. bond yields and home loan rates ticked modestly higher this week as the world watches the U.S. and China have their first serious talk since July. There is a growing sentiment that... »
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Slowing but Growing
Oct 4 2019Recession fears were back in full swing this past week, thanks to the weakest manufacturing report since June 2009, which was the last month of the Great Recession.
Manufacturing makes up 12% of our... »
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The US Economy Remains “Durable”
Apr 26 2019
Good news is typically bad news for bonds and home loan rates. That has not been the trend of late, and certainly not this past week.
Durable Goods Orders is a report which shows... »
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Fed Sparks Economic Reacceleration
Apr 19 2019The economic data coming out of the US this week showed that not only is a recession highly unlikely anytime soon, but the economy is actually reaccelerating from the slowdown seen last Fall.
Back... »
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Let the Good Times Roll
Apr 12 2019Initial Jobless Claims is a weekly report that tracks how many people have filed for unemployment benefits. It is both a solid gauge on the state of the labor market and economy, and... »
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Yield Curve Inversion Explained
Mar 29 2019
"It's getting better all the time" (The Beatles) That is the best way to describe the current home loan rate environment. This past week we saw mortgage rates experience their largest one-week decline... »
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Thank You, Mr. Powell
Mar 22 2019
The monetary authority of the United States, the Federal Reserve, meets 8 times a year to discuss the economy and adjust monetary policy to promote maximum employment and maintain price stability (inflation).
The Fed,... »
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Word of the Day: Complacency
Mar 15 2019
Volatility has disappeared in the financial markets and a sense of calm and complacency has emerged. Why? Well, thanks to the Fed, and to reduced threat of inflation and higher rates, both stocks... »
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Disinflation Washes Up On Our Shores
Mar 8 2019
“It's a small world after all.” If inflation moves lower — or is expected to move lower — rates must go lower as well. That's the situation right now.
The financial markets and interest... »
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U.S. Economy Showing Solid Growth
Mar 1 2019
This past week, the Bureau of Economic Analysis (BEA) reported the U.S. economy, as defined by Gross Domestic Product (GDP), grew at a 2.6% rate in the fourth quarter of 2018. Economists and... »
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Patience is a Virtue
Feb 22 2019
"All we need is just a little patience…" (Guns N' Roses) The highlight of this past week was the Fed Minutes from the January Fed meeting. The minutes are a detailed record of... »
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“Whatever you are, be a good one.”
Feb 15 2019
Presidents Day is a time to honor our past presidents. We look to Abraham Lincoln’s quote as it resonates with our mission as a company. Simply put: do as best as you can,... »
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Canary in the Coal Mine
Feb 15 2019
"Only got twenty dollars in my pocket…" (Macklemore & Ryan Lewis) The financial markets are sensing that the predicted government shutdown and protracted trade war with China will be averted. This is good news... »
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Issues in Europe Affect Our Markets
Feb 8 2019Bad news is good news for the U.S. bond market and rates. This past week, bad news by way of worse-than-expected economic numbers in Europe cast a dark shadow on the financial markets.... »
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Rates Improve on Mixed Economic News
Feb 2 2019The Fed met this past week. As expected, they didn’t hike rates and the Fed Statement was very “dovish,” suggesting that rate hikes will be off the table for most, if not all,... »
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A Booming Economy Sees Rates Climb
Jan 26 2019Despite bond-friendly news with the unresolved US/China trade relations and the ongoing government shutdown, rates actually touched 2019 highs midweek — this as stocks continue to move higher.
Home loan rates have been on... »
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Opposing Forces Keep Rates Steady
Jan 12 2019
“We are good where we stand right now.” (Fed President James Bullard — January 10, 2019) Stocks continued to react positively to Fed Chair Powell’s Jan 4th speech, where he essentially said, “we... »
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Good News for the Start of the New Year
Jan 5 2019“Workin’ for a Livin’.” (Huey Lewis and the News) iPhone maker Apple, was a downer this week as the company announced a surprise weak sales and earnings forecast for the first quarter of... »
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The Santa Claus Rally
Dec 22 2018
It was all about the Fed this past week. On Wednesday, they hiked the Fed Funds Rate by 25 basis points (0.25 percent). That rate affects short-term loans like auto and credit cards... »
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Electrical Safety Tips During the Holidays
Dec 21 2018
Electrical Safety Tips During the Holidays
Decorating your home is one of the most enjoyable parts of the holiday season. Because electricity is involved with so many holiday decorations, it's important you follow a... »
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Looking to take your listing photos to the next level?
You know the listing basics: great photos, highlight the strongest features, talk about amenities… this isn’t your first rodeo. Unfortunately, there are a lot... »
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Home Maintenance You Should Be Doing Monthly
Dec 21 2018
HOME MAINTENANCE YOU SHOULD BE DOING MONTHLY
According to NerdWallet, nearly half of homeowners cite unexpected home repairs as a source of anxiety. And no wonder — surprise repairs can be costly, and they also seem... »
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Great Environment for Home Buyers
Dec 15 2018“It’s a tug of war, we expected more.” (Paul McCartney) Home loan rates bounced around this week due to volatility in the U.S. Bond market, but went into the weekend still near three-month... »
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Rates Improve… For Now
Dec 8 2018
“We want what we don’t have, be careful what you ask for.” (Everclear) As it pertains to low rates, be careful what you ask for — you just might get them! (And with... »
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By Miriam Cross, Kiplinger.com
The line between home rentals and hotels is blurring, and that’s good news for travelers who like the idea of staying in a home away from home but are skittish... »
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The Fed Changes its Tune
Dec 1 2018“This is what is sounds like when doves cry.” (Prince) We heard “doves cry” this week, when Fed Chairman Jerome Powell spoke in NYC on Wednesday. Doves are people who offer peaceful polices,... »
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2019 VA Home Loan County Limits Released
Nov 27 2018The 2019 VA Home Loan County Limits have been released.
2019 VA Loan Limits Announced
For 2019, the ZERO down payment limit will increase to $484,350 for most counties. For some... »
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