Finance & Mortgage

The Essential Components of the Mortgage Loan

"Once you're a homeowner, your house will probably be the biggest, long-term investment you have. Every dollar you spend on a mortgage or down payment is like putting money in a house-sized piggy bank, so it makes sense to look at home buying through the lens of saving." - Rachel Cruze

Weekly Mortgage Applications Fall 2.4% As Consumers Shrug Off Low Rates

Mortgage demand has been more than muted for the last several weeks, even as rates sit near two-year lows. Mortgage application volume fell 2.4% for the week last week, according to the Mortgage Bankers Association's seasonally adjusted index.

Housing Is Providing Another In A Line Of Troubling Signs Pointing To An Economic Downturn

Declining home sales are "consistent with the possibility of a late 2019 or early 2020 recession," St. Louis Fed economist William Emmons said in a report.
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