83% of consumers do NOT think now is a good to buy a house! But, at the same time, Fannie Mae’s Home Purchase Sentiment Index just hit its highest level since March of 2022! Fannie’s Home...
Rates fell again this morning in response to negative labor market news and positive productivity news. Initial and continuous jobless claims came in higher than expected today along with more layoff...
Are you curious about how to save money on your home loan? Have you heard about the possibility of buying down your interest rate but aren't sure what it entails or how much it costs? In the simplest...
The average interest rate was over 8.0% in October, and today it is under 6.7%, as rates fell again in response to weaker-than-expected employment data. Today is “Fed Day,” meaning that the...
Are you feeling weighed down by high interest rates and hefty monthly mortgage payments? Don't fret. JVM Lending is here to guide you through your journey toward the best way to lower your monthly...
GDP or Gross National Product was up an astonishing 3.3% for Q4 – and the “soft landing” (no recession) crowd is doing victory laps. This is extremely good news, as nothing reflects the health...
We have become experts at renovation loans, such as FHA’s 203k or Fannie Mae’s HomeStyle renovation loan. As a reminder, these are loans where plans and specs for improvements are submitted with...
The “average interest rate” peaked at just over 8% in October. Interest rates then slid downward 1.5% over the next few months before heading back north over the last few weeks. While they remain...
We’ve been pushing “Temporary Buydowns” as a solution to fend off high-rate fatigue for about 18 months now. And, we still think they are great solutions, as borrowers can get rates as much as...
Despite naysayers insisting that mortgage rate lockdowns are NOT a thing, it seems abundantly obvious to us in the industry that they are most definitely “a thing.” Sellers are reluctant to sell...
Rates continue to bounce up and down today, but the jobs report clearly should not be taken too seriously, and it appears that the economy is still on very soft footing. Remember too that the jobs...
Michael Jordan earned $94 million just for playing basketball over the course of his entire career. Last year alone though, he made a full $330 million just from the royalties from his Jordan shoe...
“Things Are Turning Around” Barry Habib told us today in his morning update. He pointed out that rates are finally falling consistently, existing homes were up in November (despite record-high...
The more the government borrows, the more it slows down economic growth. And the more it slows down economic growth, the more investors demand the “safety and liquidity” of Treasury Bonds. So,...
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