Mike Eubanks - Nmls#573431 - Mortgage Consultant at Option Financial

06/13/2022

https://www.mortgagenewsdaily.com/markets/mortgage-rates-06112022

2022 has already had its fair share of bad news for mortgage rates, but this week was not to be outdone.  It began as just another reasonably bad week with rates moving moderately higher, but still safely under the recent 13 year high seen on the morning of May 9th.  But it ended w...

05/23/2022

https://www.mortgagenewsdaily.com/news/05182022-mortgage-application-volume

02/28/2022

Hey Veterans, call me, text me or email me to get started! (859) 907-8919 Cell, [email protected]

02/23/2022

https://themortgagereports.com/87513/home-equity-to-start-new-business

Tapping home equity can be a great way to fund a new business. But there are risks to be aware of. Here's what you should know.

02/21/2022

https://www.mortgagenewsdaily.com/news/02182022-mba-new-home-sales

The Mortgage Bankers Association (MBA) is projecting a decline in new home sales for January. Based on data collected from its Builder Application Survey (BAS), it estimates that sales of newly constructed single-family homes were at a seasonally adjusted annual rate of 821,000 units, a decrease of....

02/18/2022

https://www.mortgagenewsdaily.com/news/02162022-nahb-builder-confidence

There was another bit of erosion in builder confidence in February. The National Association of Home Builders (NAHB) said the NAHB/Wells Fargo Housing Market Index (HMI) dipped 1-point during the month to a reading of 82. It lost 1 point in January as well. NAHB’s chief economist Robert Dietz said...

02/16/2022

https://www.mortgagenewsdaily.com/news/02152022-credit-availability

Even as the economy is improving, access to mortgage credit fell in January as investors cut back their demand for some products. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) for the month fell 0.9 percent to 124.8.  A decline in the MCAI indicat...

02/07/2022

https://www.mortgagenewsdaily.com/news/02022022-construction-spending

Construction spending totaled $1.599 trillion in 2021, an increase of 8.2 percent from the $1.470 trillion spent in 2020. Residential spending, both public and private, was the only sector to post a double digit increase at 22.9 percent, while several categories saw spending plummet. Construction ca...

01/24/2022

https://www.mortgagenewsdaily.com/news/01212022-black-knight-first-look

In its first look at December’s loan performance data, Black Knight notes that 2021 ended with the foreclosure inventory at an all-time low and the national delinquency rate “just a hair off the near-record low” reached just before the onset of the pandemic. That delinquency rate, the percenta...

01/20/2022

https://www.mortgagenewsdaily.com/news/01202022-existing-home-sales

Existing home sales dropped in December, snapping a three-month streak of increases. The National Association of Realtors® (NAR) said the month’s sales of pre-owned single-family houses, townhouses, condos, and cooperative apartments fell 4.6 percent from November’s 6.460 million-unit pace ...

01/03/2022

11/29/2021

http://www.mortgagenewsdaily.com/11242021_new_home_sales.asp

New home sales improved slightly on the unexpected, reported surge in September and still managed to disappoint. The U.S. Census Bureau and the Department of Housing and Urban Development report that sales of new single-family homes ticked up 0.4 percent in...