Stocks Drop 1000 Points

Stocks Drop 1000 Points As Coronavirus Fear Returns

Gustan Cho Associates are mortgage brokers licensed in 48 states

Housing Demand Versus Home Inventory

What is the difference between housing demand and home furnishings

Mortgage rates hit a 50-year low. 2020 Housing Market Forecast was strong. However, due to plummeting mortgage rates, it is expected to be stronger. However, the factor slowing the housing market is the shortage of homes. There is more demand for homes than there is inventory for housing. Strong demand for housing is skyrocketing home prices. All major builders are showing record earnings and a shortage of housing inventory. Refinance mortgage applications gained a 26% increase last week due to low mortgage rates. Mortgage applications is expected to increase in the days and weeks to come.



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