Fouts Financial, Inc. - CA, NMLS #18503

08/22/2024

https://finance.yahoo.com/news/average-rate-30-mortgage-eases-160036941.html

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months, welcome relief for home shoppers navigating a housing market that remains out of reach for many Americans. The rate fell to 6.46% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs o...

12/08/2023

https://www.businessinsider.com/mortgage-rates-drop-fastest-pace-2008-housing-market-crash-2023-12?amp

The 30-year fixed mortgage rate has plunged by 69 basis points in a five-week period, its sharpest such drop since late 2008.

07/01/2023

This is why we do what we do:
"I just want to say thank you again for everything you did here to get us to the finish line. You really saved us in a pinch, I am extremely appreciative. Our realtor has also said how incredibly reliable and responsive you've been (can't agree more), and hopefully that will translate into more business for you as she mentioned she'll refer you to clients in the future."
We love our clients. Taking great care of them is all that matters.

07/16/2021

https://www.cnn.com/2021/07/15/homes/us-mortgage-rates-refinance/index.html

Homeowners who missed out on ultra-low interest rates earlier this year may have another chance.

07/15/2021

Be careful!

A new version of an old scam resurfaces, and it is draining the wallets of many veterans.

05/27/2021

https://www.cnbc.com/2021/05/27/fannie-maes-new-refinance-program-starts-next-week-what-to-know.html

The new initiative is intended to help an estimated 2 million homeowners refinance their mortgage at a lower interest rate.

05/10/2021

https://finance.yahoo.com/news/mortgage-rates-fall-deeper-below-170000302.html

Bargain rates are back, at least for now, giving borrowers another chance to strike.

10/06/2020

Starting Friday, many lenders will start (if they haven't already) assessing a .5% fee on conventional refinances that aren't locked in. Don't wait too long.

05/16/2020

https://www.cnbc.com/2020/05/15/mortgage-rates-just-hit-another-record-low.html

A weaker-than-expected read on April's coronavirus-affected retail sales released Friday contributed to the decline, as investors moved into the relative safety of the bond market, pushing yields down.

04/12/2020

https://www.cnbc.com/2020/04/11/jpmorgan-chase-to-raise-mortgage-borrowing-standards-as-economic-outlook-darkens.html

JPMorgan Chase, the country's largest lender by assets, is raising borrowing standards this week for most new home loans as the bank moves to mitigate lending risk stemming from the novel coronavirus disruption.

03/07/2020

https://www.msn.com/en-us/money/realestate/mortgage-rates-fall-to-all-time-low-amid-coronavirus-concerns-—-heres-why-you-should-think-twice-about-waiting-to-refinance/ar-BB10NdOd?li=BBnbfcN

Unfortunately for home buyers, the drop in mortgage rates isn’t likely to spur more people to put their homes up for sale.

03/06/2020

https://www.msn.com/en-us/money/markets/us-30-year-mortgage-rates-tumble-to-a-record-low-of-329percent/ar-BB10Nl1Z?li=BBnbfcN

Rates for 30-year U.S. mortgages tumbled to the lowest on record as fears of a blow to the economy from the coronavirus sent investors rushing to the safety of Treasuries.