News

When Record-high Home Prices Meet Crazy Interest Rate Hikes 06/30/2022 Is this the  last  “ carnival ” ? Recently, sounds such as the “collapse”, “bubble burst”, “housing prices are going to fall” continue to appear, which cause a lot of pan...

Will Powell become the second Volcker? 06/23/2022 Dreaming back to the  1970s On Wednesday, the Federal Reserve raised the interest rate by 75 basis point, which is the biggest move in nearly three decades to curb high inflation. Recently, inflation has be...

Is Inflation As Fierce As A Tiger? It May Not Be As Scary As You Think 06/15/2022 Inflation t hrow cold water again! CPI Exceeds Expectations Nearly two weeks ago, after the release of the lower-than-expected PCE (Personal Consumption Expenditures Price Ind...

An adjustable-rate mortgage Should be Considered by Borrowers 06/09/2022 As mortgage rates in recent weeks have soared to levels not seen in more than a decade, home loan borrowers are considering their financing options. According to the Mortgage Bankers Asso...

As Today's Interest Rates Drop Slightly, Refinance Maybe a Good Choice 05/28/2022 According to today's rate schedule, 15-year and 20-year mortgage refinance rates fell slightly compared to the last week, providing significant savings opportunities for homeowne...

Adjustable-rate Mortgages Are Becoming More and More Popular Nowadays 05/19/2022 According to the Mortgage Bankers Association, demands for adjustable-rate mortgages, or ARMs, hit a 14-year high last week. As interest rates rise, borrowers begin to seek chea...

Great! USCIS released a new rule: The EAD card is automatically extended by 540 days! Two hundred sixty thousand people are benefited from it! 05/19/2022 According to the report, the Bureau of Citizenship and Immigration Services (USCIS) announced that due to ...

A Home Equity Line of Credit Maybe a Wonderful Choice 05/12/2022 What is a HELOC? A HELOC（Home Equity Line of Credit）allows borrowers to borrow against the equity they have already built up in their home. A HELOC has a wide range of applications, includi...

The Art of Expectation Management： The Fed's various "Tricks" 05/10/2022              "I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."                         ...

Mortgage Applications Jumped in Latest MBA Weekly Survey 05/05/2022 According to the latest data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey for the week ending April 29, 2022, mortgage applications increased 2.5% from a ...