About Kris Barros

Kris Barros is the Director of Corporate Communications at Embrace Home Loans. He always has his eye on the market and real estate industry in order to bring you the most up-to-date, relevant mortgage news.

Freddie Mac, the Fed, and Other Reasons Things Look Good

Mortgage rates and concerns about those rates were eased as the Federal Reserve maintained its patient, wait-and see-attitude this week. Nothing from this week’s meeting indicates we are likely to see the Fed hike interest rates at any time in the near future. While the action was not unexpected — as the usual influences on [...]

By |2020-01-17T00:04:45-05:00May 3rd, 2019|Categories: Mortgage, Real Estate Agents|Tags: |

Disappointing Housing Data and the Impact This Spring

Amid the recent release of some reasonably good economic data, housing data disappointed as starts, permits, and mortgage demand all fell. There was an improvement in purchase applications, but unfortunately, it couldn't be outweighed by the drop in refinance applications. Inventory, especially new home inventory, continues to be an issue. Fannie Mae stated that in March, "total [...]

By |2020-01-17T00:41:53-05:00April 26th, 2019|Categories: Real Estate Agents|Tags: |

Mortgage Rates Are Going in the Right Direction — but What’s the Longer Term View?

This week saw mortgage rates drop more than they have in any other one week period in the last ten years. The timing couldn’t be better, as we also saw the official start of spring and the unofficial start of the home buying season — especially in those areas of the country where winter [...]

By |2019-09-19T13:55:56-04:00March 29th, 2019|Categories: Mortgage, Real Estate Agents|Tags: |

Millennial Homeowners and Buyer’s Remorse

Arguably bigger than the "to-may-to/to-mah-to" or even the "po-tay-to/po-tah-to" debate just might be the over or under question. No, not in reference to sports betting — but that age-old question about how the toilet paper falls from the roll. The UK's Daily Mirror reported that Choice magazine had unearthed a 128-year-old patent which contained [...]

By |2019-09-19T13:37:21-04:00March 8th, 2019|Categories: Mortgage, Real Estate Agents|Tags: |