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Bring on the refis: Freddie Mac expects mortgage rates to remain low all year

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  Favorable mortgage rates are expected to boost homebuyer affordability for the remainder of 2019, according to Freddie Mac’s April Forecast. According to the government sponsored enterprise, the 30-year fixed-rate mortgage is now projected to average 4.3% this year, falling from last year’s 4.6%. This decline is likely to push home sales past 2018 levels, growing to an estimated 5.98 million [...]

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Recession fears diminish as the nation approaches a Goldilocks economy

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For months, several reports indicated the U.S economy was quickly approaching what many feared to be a recession. After all, America’s looming trade war with China ignited geopolitical headwinds that posed a significant threat to the nation’s economy. In fact, a poll of economists conducted by Reuters revealed that the median probability of a recession within the next year rose to 25% […]

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