the INFORMED
LENDING BLOG
Frequently Asked Questions
Welcome to Mortgage 101. Whether you’re a first-timer or just need a refresher, we’ve got the home financing details you’re looking for. This list of FAQs has been curated by our team members, based on common recurring questions. For a deeper dive into the mortgage experience, check out the Informed Lending Blog posts below. Better yet, drop us a line or give us a call at 480-776-2954.
Inventory and mortgage apps are up!
A quick look at the markets for the week ending July 19, 2024 30-Year Fixed Mortgage Rate Movement Retail sales accelerated in July by the most since early 2023, coming …
Are the 7% interest rates gone like the 110° summer days?
Weekly Newsletter August 12th-16th Interest Rates 30-yr fixed 6.56% 15-yr fixed 5.90% 30-yr fixed FHA 6.38% 30-yr fixed VA 6.46% *These mortgage rates are estimated by a third party using …
Have we Turned the Corner?
Weekly Newsletter August 5th – 9th Interest Rates 30-yr fixed 6.25% 15-yr fixed 5.99% 30-yr fixed FHA 6.5% 30-yr fixed VA 6.5% *These mortgage rates are estimated by a third …
August Update Highlights
Cromford Market Update with Tina Tamboer, Senior Analyst | The Cromford Report ™ Supply 25% below normal16,135 total+62.1% YOY Demand 26% below normal-2.8 points MOM Avg LP/$SF – Weekly Average …
More Good News For Interest Rates!
Weekly Newsletter July 22th-26th Interest Rates – Inflation Week 30-yr fixed 6.85% 15-yr fixed 6.27% 30-yr fixed FHA 6.76% 30-yr fixed VA 6.79% *These mortgage rates are estimated by a …
A Stable Week in Mortgage Rates While the World Is in Chaos
Weekly Newsletter July 15th-19th Interest Rates – Quiet Week 30-yr fixed 6.83% 15-yr fixed 6.31% 30-yr fixed FHA 6.9% 30-yr fixed VA 6.79% *These mortgage rates are estimated by a …
Rate cuts before the Fed hits its target? Markets in a Minute
A quick look at the markets for the week ending July 19, 2024 30 Year Fixed Mortgage Rate Movement Retail spending held steady in June, as it has throughout the …
Will this week’s cracks in the inflation dam flood the real estate market with transactions?
Weekly Newsletter July 8th-12th Interest Rates 30-yr fixed 6.94% 15-yr fixed 6.41% 30-yr fixed FHA 6.74% 30-yr fixed VA 6.79% *These mortgage rates are estimated by a third party using …
Is the market becoming more buyer friendly? Markets in a Minute
A quick look at the markets for the week ending July 12, 2024 Consumer inflation data in June saw core prices rise 0.1%, the smallest gain since August 2021, supporting …