Month: July 2024

Weekly Mortgage Report – July 18, 2024

Rates At Lowest Point Since Mid-February Amid Continuing Signs of Cooling Economy Mortgage rates fell to their lowest level since mid-March, dropping 12 basis points from last week, according to the Freddie Mac Primary Mortgage Market Survey released July 18th. Mortgage rates are headed in the right direction and the economy remains resilient, two positive …

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Weekly Mortgage Report – July 11, 2024

Rates Decline as Signs of Cooling Inflation Become More Evident Mortgage rates declined six basis points according to the Freddie Mac Primary Mortgage Market Survey released July 11th. Following last week’s June jobs report, which showed a cooling labor market, the 10-year Treasury yield decreased this week, and mortgage rates followed suit. There is also …

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“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price
Link: https://tinyurl.com/2jp6kbmh

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to servicing@megastarfinancial.com.