Congrats on your home Claudia!

Julie C. Nichols Mortgage

I love my repeat customers even when it’s 12 years later!  Congratulations Claudia on your new home and to your agent Kelly Davis who was able to help you write a creative offer in this tough market!  We are so happy you found your Home Sweet Home for you and your family.   The views expressed are my own and …

Mortgage Time

Julie C. Nichols Mortgage

Weaker Job Gains   Investors were focused on Friday’s Employment report and the policy on tariffs this week. Despite unexpected results on both fronts, however, there was little reaction in mortgage rates, and they finished the week nearly unchanged.    Against a consensus forecast of 175,000, the economy added just 104,000 jobs in March. In addition, downward revisions subtracted 50,000 jobs from …

Black Knight: Tappable equity hits all-time high

Julie C. Nichols Mortgage

Reblogged from Housing Wire   Now 10% above previous 2005 peak   Tappable equity surged to its highest dollar amount on record, far surpassing its previous 2005 peak, according to the latest Mortgage Monitor Report from Black Knight. Tappable, or lendable, equity increased to $5.4 trillion at the end of February, which is up 10% from its previous 2005 peak, …

Mortgage Time

Julie C. Nichols Mortgage

Quiet Week   It was a relatively quiet holiday-shortened week for mortgage markets. The economic data contained no major surprises and caused little reaction. Mortgage rates finished the week a bit lower.    As expected, the most recent inflation data revealed a slight increase. In February, the core PCE price index was 1.6% higher than a year ago, up from …

Millennials are flexing their homebuying muscles

Julie C. Nichols Mortgage

Reblogged from Scotsman Guide   Millennials have long been called the next wave of homebuyers. Recent data indicates their time has come. Millennials, or people between the ages of 19 and 37, were the most active generation of homebuyers in 2017, according to the National Association of Realtors (NAR). Based on a recent annual survey of homebuyers, NAR estimated that …

Mortgage Time

Julie C. Nichols Mortgage

Stocks Dive, Mortgage Rates Flat   Although the stock market suffered large losses this week, mortgage markets were relatively quiet. The two primary influences were the Fed meeting and a new tariff policy. Neither had much net effect, however, and mortgage rates finished the week nearly unchanged.    Following Wednesday’s Fed meeting, the statement and Chair Jerome Powell’s first press …

Mortgage Time

Julie C. Nichols Mortgage

Job Gains Surge   A wide range of events influenced mortgage rates this week, including important labor market data, a European Central Bank meeting, and government policy changes. Some were positive and some were negative. The net effect was mortgage rates finished the week higher.    <![if !vml]><![endif]> An upside surprise in job gains in Friday’s Employment report was negative …

Love my repeat customers!

Julie C. Nichols Mortgage

Repeat customers are the greatest compliment!  Congrats Steven and Jennifer.  Enjoy your new home!     The views expressed are my own and do not necessarily reflect the views of my employer.   Visit my website at: www.juliecnichols.com or contact me with any of your home loan questions.   [tags Mortgage, Real Estate] [category Mortgage] #MortgageBlog, #BestMortgageLender, #GMFSMortgage, #JulieNichols, #NicholsTeam, …

Mortgage Time

Julie C. Nichols Mortgage

Powell Testifies   A wide range of events influenced mortgage rates this week, including comments from the new Fed Chair, government policy changes, and surprises in the economic data. In the end, however, these were offsetting, and mortgage rates finished the week with little change.    On Tuesday, Jerome Powell gave his first testimony to Congress as Fed Chair. His …

Get into a home before summer!

Julie C. Nichols Mortgage

We are starting our First Time Home buying program now.  We’ve helped 5 people get into their FIRST home last quarter.  Don’t miss out on your chance to get into a home before summer!  Contact me to set up a free consultation – www.julieCnichols.com