Mortgage Blog

Mortgage Blog

Bonita Springs VA Mortgage

Bonita Springs VA Mortgage

Are you a military veteran who is looking for a Bonita Springs VA home loan? The team at Core Mortgage Financial is here to help you finance the home of your dreams! Our team understands how to efficiently navigate the VA mortgage process and close on your home while avoiding headaches and hassles. Whether you have served in the Army, National Guard, Marines, Air Force, Navy, or Coast Guard, Core Mortgage Financial is considered the best VA mortgage company in Bonita Springs. Let us help you obtain the best financing that is available to you through the VA mortgage program
Strong GDP Growth and Market Volatility Push Yields Lower

Strong GDP Growth and Market Volatility Push Yields Lower

The top takeaway from this week's market performance is the effect that the volatility had on the overall mortgage markets. With a lower market came lower rates, with the major economic news released throughout the week seeming to have little effect. The mixed data didn't seem to move markets either way in any significant form. Strong earnings and GDP growth pushed yields lower and brought mortgage rates down. Analysts maintained their weaker outlook for overall global growth in spite of the release of some strong economic data.
Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018

Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018

Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018
Strong Economic Data

Strong Economic Data

Strong economic data released this week has unsurprisingly pushed rates upward. The expected result of the continued strong employment and wage data has helped to push mortgage rates higher. In fact, this week saw rates surpass heights that they have not seen in years. None of which is good news for rate watchers.
Lehigh Acres VA Mortgage

Lehigh Acres VA Mortgage

Active duty military personnel, reservists, members of the National guard, and certain categories of spouses are eligible for VA mortgages in Lehigh Acres. However, you will want to work with a VA broker who has experience dealing with these specific types of loans. That’s why you need to work with Core Mortgage Financial.
Fed Raises Short-Term Rates: What this Means for You

Fed Raises Short-Term Rates: What this Means for You

This week saw two impactful economic news stories: the Fed meeting and rate increase on Wednesday and the analysis of the inflation data that was released on Friday. Mortgage rates reacted favorably overall and finished the week down slightly.
WITH MORTGAGE RATES SLIGHTLY SOARING, HOUSING DATA IS EXPECTED TO SIGNIFICANTLY INFLUENCE THE RATES NEXT WEEK

WITH MORTGAGE RATES SLIGHTLY SOARING, HOUSING DATA IS EXPECTED TO SIGNIFICANTLY INFLUENCE THE RATES NEXT WEEK

The European Central Bank meeting and U.S. economic data this week was full of positive news, but saw a slight surge on mortgage rates. Additionally, inflation data released saw a minimal effect to the market. The CPI, a report on inflation, went up to 2.2% - a value lower than last month’s 2.4%
Naples VA Jumbo Mortgage

Naples VA Jumbo Mortgage

Naples VA jumbo loans up to 1.5M with LOW down payment. Use your VA entitlement to purchase a Jumbo mortgage with NO PMI. Core Mortgage Financial are experts in VA Jumbo loans.
August Housing Market in Naples Continues to Show Strength

August Housing Market in Naples Continues to Show Strength

Naples, Fla. (September 14, 2018) - Closed sales of properties during August increased 5 percent to 719 homes from 685 homes in August 2017 according to the August 2018 Market Report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). Inventory during August also rose by 2 percent and was driven by a surge of 218 more properties added to the market in the two lowest price categories reported, compared to August 2017.
Mortgage Rates Show an Upward Trend, But will Wednesday ECB Meeting Influence the Market?

Mortgage Rates Show an Upward Trend, But will Wednesday ECB Meeting Influence the Market?

The economic data that was released this week was the primary factor that affected the mortgage rates. However, the data portrayed a stronger than expected outlook on manufacturing, wages, and services that led to a slight increase in mortgage rates