June 21, 2018 / by Bailey & Wood / Mortgage, Mortgage News
QUOTATION OF THE WEEK “Those are my principles, and if you don’t like them…well, I have others.” –Groucho Marx, American comedian, writer and stage, film, radio and TV star INFO THAT HITS US WHERE WE LIVE As expected by nearly everyone breathing, the Fed hiked the Funds Rate 0.25% last week, but that should cause […]
Read more
This Week’s Inside Lending Newsletter
July 3, 2018 / by Bailey & Wood / Mortgage, Mortgage News
QUOTATION OF THE WEEK “Always live in the ugliest house on the street–then you don’t have to look at it.” –David Hockney, English artist INFO THAT HITS US WHERE WE LIVE It was a welcome shock to see May New Home Sales spike 6.7% in May, up 14.1% from a year ago, at a 689,000 […]
Read more
This Week’s Inside Lending Market Snapshot
June 21, 2018 / by Bailey & Wood / Mortgage, Mortgage News
QUOTATION OF THE WEEK “Those are my principles, and if you don’t like them…well, I have others.” –Groucho Marx, American comedian, writer and stage, film, radio and TV star INFO THAT HITS US WHERE WE LIVE As expected by nearly everyone breathing, the Fed hiked the Funds Rate 0.25% last week, but that should cause […]
Read more
Bailey & Wood Named #3 Among Top Work Places in Indiana for Small Businesses in Indy Star
June 11, 2018 / by Bailey & Wood / Community, Inside Bailey & Wood, Mortgage News
Bailey & Wood was once again named a Top Workplace in Indiana and featured in the Indianapolis Star this past weekend. “Nothing is more important than taking care of our work family and that is exactly what it is to me, a family. We work hard and together to get the job done for all […]
Read more
This Week’s Inside Lending Market Snapshot
May 7, 2018 / by Bailey & Wood / Mortgage News
QUOTATION OF THE WEEK “Everything in life is somewhere else, and you get there in a car.” –E. B. White, American writer INFO THAT HITS US WHERE WE LIVE Heading north for the second month in a row, Pending Home Sales posted a 0.4% gain in March. Tight inventories in many markets kept this measure […]
Read more
Weekly Inside Lending Newsletter – Great Info on Today’s Market
April 30, 2018 / by Bailey & Wood / Mortgage News
QUOTATION OF THE WEEK “You can learn many things from children. How much patience you have, for instance.” –Franklin P. Jones, American journalist INFO THAT HITS US WHERE WE LIVE The first good news was that Existing Home Sales rose 1.1% in March to a 5.60 million annual rate. Yeah, they were down a tick […]
Read more
Weekly Update: More Say Now is a Good Time to Buy–and Sell!
April 16, 2018 / by Bailey & Wood / Mortgage News
Fannie Mae’s latest Home Purchase Sentiment Index reports more people say now is a good time to buy–and more also say now is a good time to sell. Happy Spring!
Read more
Weekly Update: Tappable Home Equity Hits All-time High
April 10, 2018 / by Bailey & Wood / Mortgage News
Black Knight reports tappable equity hit $5.4 trillion in February, 10% higher than its 2005 all-time high. This is the amount a homeowner can borrow against before reaching an 80% loan-to-value ratio.
Read more
Weekly Update: Pending Home Sales Spring Ahead
April 4, 2018 / by Bailey & Wood / Mortgage News
QUOTATION OF THE WEEK “A two-year-old is kind of like having a blender, but you don’t have a top for it.” –Jerry Seinfeld, American stand-up comedian, actor, writer, producer and director INFO THAT HITS US WHERE WE LIVE The spring buying season started off nicely, as Pending Home Sales reversed course and went up 3.1% […]
Read more
Weekly Updates: Existing Home Sales Fly, New Homes Flat
March 26, 2018 / by Bailey & Wood / Mortgage News
After heading down two months in a row, Existing Home Sales flew back up in February, increasing 3.3%, to a 5.54 million annual rate. Demand remains strong: 46% of homes sold in less than a month.
Read more
Weekly Update: Prices Rise, but Homes Still Affordable
March 13, 2018 / by Bailey & Wood / Mortgage News
CoreLogic reports January home prices gained 6.6% annually, noting: “Entry-level homes have been in particularly short supply, leading to more rapid home-price growth compared with more expensive homes.”
Read more