Mortgage News with Jolene Messmer

  • Interest rates: Slower growth in interest rates and home prices will boost housing affordability in 2019 – per Fannie Mae

  • 30 year fixed rate mortgage: Expected to remain stable through 2020

  • Economic foundation: Stronger with unemployment rate near 3.9% - the lowest since 2000

  • Current lending standards: Tighter and documentation but more lenient on higher debt-to-income ratios and higher loan-to-value

Caitlin Coakley