Market Perspective

Julie C. Nichols Mortgage

2017 sees highest home sales in 11 years.  View online.             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

What Happened to Mortgage Rates?   Comments from a European Central Bank official and stronger than expected data on wage growth were negative for mortgage rates this week. Wednesday’s Fed meeting contained no surprises and had little impact. The upward trend seen in recent weeks continued, and mortgage rates ended at the highest levels in years.   Unfavorable news for …

Skyrocketing Mortgage Rates

Julie C. Nichols Mortgage

Mortgage rates have continue to climb for 4 straight weeks and are at the highest they have been in over 4 years!    The Federal Reserve chose not to hike the prime rate this week but indicated it’s likely that we will see at least three rate hikes this year.  The Fed doesn’t set mortgage rates but its decisions do …

Mortgage Time

Julie C. Nichols Mortgage

Volatile Week   With a wide range of news this week, mortgage rates experienced a great deal of volatility. Congress reached a deal to fund the government, there was a European Central Bank meeting, and major economic data was released. These influences were offsetting, though, and mortgage rates ended the week with little change.   While sales of previously owned …

What does the government shutdown mean for a mortgage?

Julie C. Nichols Mortgage

There is a lot of speculation on what happens to mortgages that are scheduled to close/fund while the government is shut down.   While the shutdown continues there may be some impact on timing when a mortgage is involved during a home purchase or a refinance. Here is a very brief overview of specific offices that may have an impact on …

Do you qualify for 100% mortgage financing?

Julie C. Nichols Mortgage

Contact me 469-786-8662 or go to julieCnichols.com to find out how to get 100% financing on your home AND receive a $200 closing credit when you close with me.         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 …

Have you thought about a home renovation lately?

Julie C. Nichols Mortgage

Can’t find the house you have been looking for, or tired of your outdated kitchen and bathrooms?  Look at our HomeStyle renovation loan!  The Smart Way to Renovate or Repair Are you thinking about repairing or fully renovating your home but aren’t sure where to financially start?Rather than take money out of your savings, take out a second mortgage, or …

Mortgage rates are the highest in 9 months

Julie C. Nichols Mortgage

Mortgage rates ended today at their highest levels in over 9 months!  While today’s economic data played a small  role, the strength in the global stock markets hurt Mortgage Backed Securities (MBS) the most causing rates to increase.  Today’s economic data  reported that December Industrial Production rose 0.9% from November, above the consensus of 0.5%. The January NAHB housing index …

New Build home trends

Julie C. Nichols Mortgage

As more and more houses are being built, the National Association of Home Builders (NAHB) survey discovered that builders are not changing their product to meet the changing consumer desires.  This survey was released during the National Association of Home Builders (NAHB) Show a week ago, and reported that the size and configuration of homes constructed in 2017 changed only …

Life feeling hectic? Get organized with these tips.

Julie C. Nichols Mortgage

January is National Get Organized Month. [January is National Get Organized Month] Can you believe it’s already 2018? If you’re like most people, you’ve probably hit the ground running with no thought of putting on the brakes. Not so fast! At the start of a new year, it’s important to slow down, take stock, and regroup so you can tackle …