Upturn In Global PMI Ends Best Year Since 2014; Jobs Growth At Decade-High – The average PMI reading for 2017 as a whole indicated the strongest annual performance since 2014. The latest surveys are running at a pace broadly consistent with global gross domestic product growth.
New FHA mortgage insurance premiums For 2017 – FHA Reduces 2017 Mortgage Insurance Premiums. The decision will save the average home buyer $500, making home buying a more easily affordable option over renting. The current mortgage insurance premium (MIP) is 0.85%, but the FHA’s move will lower premiums by one-quarter of a percent to 0.60%. This decision is meant to make FHA loans a more popular option for home buyers.
What Is the Average Monthly Mortgage Payment? – National averages: Looking at averages from another data source, the 2017 National Profile of Home Buyers and Sellers shows a national median purchase price of $235,000 and a median down payment of 10 percent of the purchase price. With that information, you can calculate a loan size of $211,500. Applying current mortgage loan rates, you can estimate the following average monthly mortgage pay
VA Home Loan and VA Mortgage Rate Information for Veterans. – Discover the benefits of a VA loan including VA mortgage rate information. Government-backed VA loans require no down payment or PMI insurance. Apply today.
Dow closes above 21,000 as stocks post best day of 2017. – The Dow Jones industrial average rose 303.31 points, or 1.46 percent, to close at 21,115.55, with JPMorgan chase leading advancers and Wal-Mart and Intel as the only decliners.. The S&P 500 popped.
Sixty Years of Private Mortgage Insurance in the. – Urban Institute – 2017 marks the 60th anniversary of the birth of the modern private mortgage. A typical PMI borrower also looks different from a typical FHA or VA. mortgages to the equivalent of a loan with an LTV ratio of 80 percent.
PMI Mortgage Insurance: You Can Pay Less | Mortgage Rates. – PMI Mortgage Insurance: You Can Pay Less.. which is considered "fixed" for the purpose of setting PMI rates.. 2017 – 6 min read Private Mortgage Insurance.
Best Mortgage Rates of 2019 – Consumers Advocate – There are many types of mortgage loans available to you, based on your financial needs and the property you want to finance. flat rate mortgages attract borrowers because the interest rate will remain the same throughout the life of the loan, which ranges between 15-30 years.
Publication 936 (2018), Home Mortgage Interest Deduction. – Figure the average balance for the current year of each mortgage you took out on all qualified homes after October 13, 1987, and prior to December 16, 2017, to buy, build, or substantially improve the home (home acquisition debt).
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IHS Markit US Manufacturing PMI – The headline PMI dipped to a 15-month low amid a weaker. Although ending the year with a softer overall expansion, the final quarterly average of 2018 was strong and quicker than that seen in 2017..