J.R. McFadden

J.R. McFadden
NMLS 1246357 | MT - #1246357 | Equal Housing Opportunity

[J.R. McFadden @jrmcfadden]

Private employers added 98,000 jobs in June, according to ADP, falling a bit short of expectations for about 110,000 new jobs. Hiring increased across businesses of all sizes, though ADP noted that job growth was uneven across industries. #adp #job... https://t.co/Dr3R3muUey

[J.R. McFadden @jrmcfadden]

Existing home sales increased for the second consecutive month in May, rising 3.2% from April to an annual pace of 4.17 million homes. Housing inventory also grew, increasing 3.3% month over month. #homesales #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

[J.R. McFadden @jrmcfadden]

Pending Home Sales (signed contracts on existing homes) rose 1.5% from February to March, showing buyers remained active despite higher mortgage rates and signaling ongoing pent-up demand, according to the National Association of Realtors (NAR).... https://t.co/0XCkk4DSyV

[J.R. McFadden @jrmcfadden]

While rates may drop in the future, home prices often continue to rise. Waiting can mean missing appreciation today – and when rates fall, increased buyer competition can push prices even higher. The right time to buy depends on your goals, not just... https://t.co/hyNDAuX0OI

[J.R. McFadden @jrmcfadden]

Private employers added 62,000 jobs in March, beating the 40,000 forecast, according to ADP. Hiring and pay gains both held steady. Job growth continues to favor certain industries, including health care. #adp #job #mbssocialshare #mortgagemarketnews https://t.co/lmeeUibkay

[J.R. McFadden @jrmcfadden]

Before you start home shopping, take time to review your credit reports. Small errors can have a big impact on your financing. Make sure your personal information and accounts are accurate, confirm account statuses and dates, and watch for duplicate... https://t.co/MSby0H9zRs

[J.R. McFadden @jrmcfadden]

Getting your documents ready for preapproval is a smart first step toward buying a home – and it’s easier than you might think. Having your key documents organized helps your loan officer quickly review your financial picture and understand what you... https://t.co/hCgB4swlcS

[J.R. McFadden @jrmcfadden]

Core PCE, the Fed’s favorite inflation measure, rose 0.4% in January, bringing the annual rate to 3.1%, a bit higher than expected. #pce #inflation #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow https://t.co/YGvUhCCEFR

[J.R. McFadden @jrmcfadden]

Choosing the right mortgage isn’t just about today’s interest rate – it’s about your plans and comfort level. Fixed-rate loans offer predictable payments and long-term stability, while ARMs often start with lower rates that can be beneficial for... https://t.co/PrdEwWUT5B

[J.R. McFadden @jrmcfadden]

The MBS Highway National Housing Index rose 4 points in March, climbing from 43 in February to 47 (vs. 45 a year ago). The spring seasonal upswing is gaining momentum, with the Buyer Activity sub-index entering expansion territory for the first time... https://t.co/blj39TXmfm

[J.R. McFadden @jrmcfadden]

Looking to buy? Make sure you’re prepared! Getting preapproved doesn’t just show sellers you’re serious – it also helps you understand your true budget, identify potential roadblocks early, and move quickly when you find the right home. The more... https://t.co/Cj8s1HrmzP

[J.R. McFadden @jrmcfadden]

February job growth came in well below expectations, with 92,000 jobs lost versus the 60,000 gain that was forecast. December and January payrolls were also revised down by a combined 69,000 jobs, while the unemployment rate ticked up from 4.3% to... https://t.co/xpUBb90Dtd

[J.R. McFadden @jrmcfadden]

When it comes to buying a home, it's generally a good idea to talk to a real estate or mortgage professional to understand your specific options as well as the nuances of the market. But while market and rate dynamics are always changing, there are... https://t.co/HdDqYR4BSe

[J.R. McFadden @jrmcfadden]

The numbers tell a powerful story! Home values have historically trended upwards, which is why owning a home has remained one of the most dependable ways to grow wealth over time. With each payment, you’re building equity and creating a stronger... https://t.co/tvfYXwTztA

[J.R. McFadden @jrmcfadden]

From November to December, U.S. home values slipped 0.3% before seasonal adjustments – but when typical seasonal patterns are accounted for, prices actually rose 0.4%. Overall, home prices are up 1.3% compared to a year ago. #caseshiller #mbshighway... https://t.co/rPwRkbl0bY

[J.R. McFadden @jrmcfadden]

Your debt-to-income ratio (DTI) shows how much of your monthly income goes toward debt payments. Lenders use it to determine whether you can comfortably afford a mortgage. A lower DTI means more room in your budget – making approval easier. Planning... https://t.co/4gUkgFTVTU

[J.R. McFadden @jrmcfadden]

Core PCE, the Fed’s favorite inflation measure, rose 0.4% in December, bringing the annual rate to 3%, a bit higher than expected. #pce #inflation #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow https://t.co/H8khOHFSKr

[J.R. McFadden @jrmcfadden]

It’s tempting to wait for the “perfect” rate or home price, but delaying can be expensive. Even a year or two can cost thousands in missed appreciation, slower equity growth, and lost amortization benefits. For buyers who are financially ready, taking... https://t.co/jmvf6NqZ47

[J.R. McFadden @jrmcfadden]

Pending Home Sales, which measure signed contracts on existing homes, slipped 0.8% from December to January and were 0.4% lower than a year ago. Harsh winter weather likely played a role, with sales declining in the South and Northeast but rising in... https://t.co/8vKM33yIFw

[J.R. McFadden @jrmcfadden]

Delayed government data showed Housing Starts rose 6.2% month over month in December, while Building Permits – a key indicator of future construction – climbed 4.3%. Both figures came in above forecasts. #homebuyers #homebuilder #newconstruction... https://t.co/OYzkL8Mkf8