Specialty Rooms Are in Demand
home shoppers—particularly millennials—are ranking specialty rooms high on their priority list during their search. These rooms include laundry rooms, home offices, mud rooms, sun rooms, and more. The...
View ArticleHome Flipping Is Losing Fans
Home flipping plunged 12.9% in the third quarter of this year, following an unusually active spring, according to ATTOM Data Solutions’ latest U.S. Home Flipping Report. In the third quarter, 56,566...
View ArticleAverage Credit Scores Surge
Americans are boosting their credit scores, which bodes well for applicants seeking a mortgage to snag the lowest rates. The average credit score hit its highest level since 2011, reaching 682–two...
View ArticleJanuary Expected to Be ‘Hot for Home Shoppers’
The busy home-shopping season will start early in January this year, according to forecasters. The month of January in recent years has tended to have the second-most listing views across the year...
View ArticleNew Home Loan Limits Take Effect
The Federal Housing Finance Agency’s new loan limits for 2020 have gone into effect; Fannie Mae and Freddie Mac, which are operated by the FHFA, began backing larger loans last week when the new year...
View ArticleDownsizers: ‘Biggest Regrets’
Homeowners who opt to downsize into a smaller place say that saving money was their chief motivator, along with having to manage less space after the children have moved out. But some home buyers could...
View ArticleSlight Uptick in Mortgage Rates
“By all accounts, mortgage rates remain low and, along with a strong market, are fueling the consumer-driven economy by boosting purchasing power, which will certainly support housing market activity...
View ArticleRates Hover Near All-Time Lows
Borrowing costs moved lower this week as the 30-year fixed-rate mortgage averaged 3.6%, Freddie Mac reports. Rates are at the lowest levels in three months and about a quarter-point above all-time...
View ArticleCost Gap of ‘Buying vs. Renting’
Lower mortgage rates and moderating home prices are making purchasing a home over renting more tempting in several of the nation’s metros, according to realtor.com®’s newly released rent vs. Buy...
View ArticleRates Approach 3-Year Lows
Borrowing costs dropped to their second-lowest levels in three years, offering home shoppers an opportunity to lock in lower monthly mortgage payments. The lower rates are “supporting homebuyer demand...
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