For the first time since mid-April mortgage rates fell below 6.7%, but the data doesn’t take into account the diminished likelihood the Federal Open Market Committee will reduce short-term rates at this month’s meeting. It is a result of this morning’s jobs report coming in hotter than expected, with observers now postulating the Fed is […]
Mortgage rates drop again but chance of Fed cut also falls Read More »
Fairway Independent Mortgage is rebranding as Fairway Home Mortgage. The Wisconsin-based lender has operated under its original name since its founding in 1996. But the company is ready for a change, its founder said. Steve Jacobson, CEO of the firm, said the move “reflects a fresh look, a renewed perspective, a future-forward vision.” He emphasized
Fairway Independent Mortgage debuts new name Read More »
(Bloomberg) –California, gripped by a housing shortage that is forcing families from the state, wants to build 2.5 million homes. But it’s running out of safe places to put them. Much of the land best suited for new housing — wind-swept, grassy hills surrounding the state’s major cities — now faces an extreme threat of wildfire, brutally illustrated by the Los
California is running out of safe places to build homes Read More »