Home Loan Rates Plunge to 3-Year Lows
“The 30-year mortgage rate responded by falling 6 basis points for the second straight week to 3.54 percent — yet another low for 2016. Wednesday’s Fed decision to once again stand pat on rates, as...
View ArticleIt’s a Good Time to Lock in Mortgage Rates
“This week’s survey shows the 30-year fixed rate inching up to 3.56 percent, only 2 basis points above last week’s average. The low rates continue to be good news for the housing market, as existing...
View ArticleHome Loan Interest Rates Near All-Time Low
Fixed-rate mortgages this week dropped to their lowest averages of the year, which analysts attribute to the fallout from last week’s “Brexit” vote. The 30-year fixed-rate mortgage averaged 3.48...
View ArticleMortgage Rates Continue Near All-Time Lows
Mortgage rates hit a new 2016 low this week, nearing the lowest averages ever recorded. Freddie Mac reports the 30-year mortgage rate is close to the November 2012 record low of 3.31 percent....
View ArticleSchool Location Still Key for Home Buyers
You may want to share more information with your clients about the school options near your listings. Buyers say it’s critical to their decision-making. More than 75 percent of parents say their...
View ArticleHome Loan Rates Stay Near Record Low
“We describe the last few weeks as A Tale of Two Rates,” says Sean Becketti, Freddie Mac’s chief economist. “Immediately following the Brexit vote, U.S. Treasury yields plummeted to all-time lows. This...
View ArticleMortgage Rates Inch Up Slightly This Week
Mortgage rates across the board ticked up this week, but still hover near historical lows. “Post-Brexit volatility tapered off over the last two weeks, allowing interest rates to bounce back a bit from...
View Article4 of 5 Americans Rate Housing a Good Investment
The majority of Americans say that owning a home is a good investment, according to a new poll of more than 2,800 registered voters commissioned by the National Association of Home Builders. The survey...
View ArticleFirst Half Review: Housing Is Doing Well!
The first half of 2016 has proven to be a boom to real estate, writes Jonathan Smoke, realtor.com®’s chief economist in his monthly column. Total home sales are up 5 percent compared to the first half...
View ArticleInstagram Debuts ‘New Stories Feature’
Instagram is starting to look a lot more like its competitor Snapchat. The popular photo-sharing app just debuted its Instagram Stories feature, where users can post photos and videos. Instagram’s...
View ArticleBuyer Traffic Strong; Sellers Still Hesitant
Housing demand remains strong this summer, even as inventory issues persist in many markets across the country, according to the REALTORS® Confidence Index for June. Overall housing demand this summer...
View ArticleJuly Marked a Big Month for Housing
The housing market heated up in July, with several factors favoring buyers this summer. Jonathan Smoke, realtor.com®’s chief economist, says this summer one of the best in a decade: we’re seeing the...
View ArticleHome Loan Rates Hold Steady This Week
Average fixed-rate mortgages remained near historic lows this week, keeping financing costs lower for home shoppers and home owners looking to refinance. Freddie Mac reports the following national...
View ArticleHome Loan Rates Move Even Lower This Week
Fixed-rate mortgages dropped slightly this week compared to the previous week, and continue to hover near all-time lows. Freddie Mac reports the following national averages for the week ending Aug. 18:...
View ArticleTiny Homes Are Making a Bigger Mark
Tiny houses are trending bigger nationwide. Interest in small-home living among the public has gained momentum since the recession, and made some Americans crave a simpler, less expensive way to live,...
View ArticleThe Best Time to Invest Is Now?
“Whether it’s stricter lending standards, a shift in attitudes among borrowers or simply the nation getting wiser about the risks of real estate, we’re hardly seeing irresponsible buying in 2016,”...
View ArticleHome Colors That Turn Off Buyers
Could the wrong shade of paint dampen interest in a home? As a real estate pro, we can point sellers in the right direction when they’re considering color updates. First, take note of palettes...
View ArticleFederal Reserve on Interest Rate Hike: Not Yet
The Federal Reserve voted Wednesday to continue to leave short-term rates alone, but hinted that a raise is still likely before the end of the year. Fed Chair Janet Yellen offered an upbeat report...
View ArticleHome Loan Interest Rates Dip to 10-Week Low
“Investors flocked to the safety of government bonds causing the 10-year Treasury yield to continue its descent following the FOMC’s decision to leave rates unchanged,” says Sean Becketti, Freddie...
View ArticleRising Mortgage Rates Nip at Loan Demand
“As incoming economic data reassured investors regarding U.S. growth, and financial markets returned to viewing a December Fed hike as increasingly likely, mortgage rates rose to their highest level in...
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