Archie W. Owen

NMLS # 2069038

801-272-0600

archie@advancedfunding.com

Archie W. Owen Mortgage Loan Advisor

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Sales of New Homes Surged in September

Sales of New Homes Surged in September

Sales of new homes jumped 12.3% in September to an annual rate of 759,000 units, the highest rate since February 2022. Sales soared 33% from September 2022 and were up in each region of the U.S. Builders lured buyers in through price discounts and other i

Oct 30, 2023 | Mortgage News

Mortgage Options for Home Remodeling and Renovations

Mortgage Options for Home Remodeling and Renovations

Do you envision transforming your current home into your ideal residence? Perhaps you're thinking about doing a substantial remodeling project or some badly needed renovations. These activities might be thrilling, but they frequently have a high cost. For

Oct 26, 2023 | Refinancing a Home Home Equity Loans

Exploring the Idea of Using Your Retirement Savings for a Second Home

Exploring the Idea of Using Your Retirement Savings for a Second Home

Is your favorite vacation spot by the beach calling your name? Or do you long to relax in the woods every weekend? Buying a second home can be a great way to unwind and take a break from the daily grind. It might be so tempting  that you are contempl

Oct 24, 2023 | Purchasing a Home

Mortgage Options for Freelancers and Gig Workers

Mortgage Options for Freelancers and Gig Workers

In today's evolving workforce landscape, traditional 9-to-5 jobs are no longer the sole means of income for many individuals. Freelancers and gig workers represent a growing segment of the workforce, but they often face unique challenges when it comes to

Oct 19, 2023 | Purchasing a Home

Existing Home Sales Decline

Existing Home Sales Decline

Sales of existing homes fell for the fourth straight month in September to lows not seen since the Great Recession. September sales fell 2% from August to an annual rate of 396 million units. The median price rose to $394,300, the highest ever for any Sep

Oct 19, 2023 | Mortgage News

Housing Starts Surge in September

Housing Starts Surge in September

Privately‐owned housing starts rose by 7% in September from August to an annual rate of 1.358 million units, though below the 1.380 million expected. Single-family starts were up 3.2% monthly to 963,000 units. Building Permits, a sign of future constructi

Oct 18, 2023 | Mortgage News

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