Are Home Owners Looking for a Rescue Plan?
Half of Americans say they currently have a dispute with a neighbor, according to a new survey from North American Van Lines. In fact, 13 percent of Americans say they have moved just to get away from...
View ArticleThe Computer Keyboard Is Getting a Makeover
Apple wants to change that QWERTY keyboard you’ve grown accustomed to. Apple reportedly has teamed up with Australian start up Sonder Design Pty Ltd. to transform the standard QWERTY keyboard so that...
View ArticleHome Loan Interest Rates Recede to Near-Record Lows
Great news! “Mortgage rates continue to be relatively stable and at near record lows,” says Sean Becketti, Freddie Mac’s chief economist. “The 30-year fixed-rate mortgage fell 5 basis points...
View ArticleHome Owners Get More Realistic on Prices
Home owners’ perceptions of the value of their homes are starting to get closer in line to the opinions of appraisers. The latest Quicken Loans Home Price Perceptions Index shows that the average...
View ArticleHome Loan Interest Rates Are Nearing 4%
Fixed-rate mortgages are climbing following a post-selection sell-off in the Treasury Market. Freddie Mac reports the following national averages for the week ending Nov. 17: 30-year fixed-rate...
View ArticleMortgage Rates at Highest Averages of 2016
As we expected, for the fifth consecutive week, average fixed mortgage rates edged higher. The 30-year fixed-rate mortgage is now averaging above 4 percent. Freddie Mac reports the following national...
View ArticleFed Hikes Interest Rates: The Mortgage Impact
The Federal Reserve hiked short-term interest rates Wednesday, in a move largely predicted by economists. So, what does this mean for mortgage rates and buyers? “That means rates like we’ve seen for...
View ArticleSurvey: Higher Rates Don’t Scare Buyers
Despite mortgage rates reaching a two-year high last week, home buyers say the increases aren’t scaring them away from their real estate search, according to a new Redfin survey. Only 2.6 percent of...
View ArticleMore Equity Likely Coming to Home Owners
Spread this news: Home prices nationwide, including distressed sales, rose year over year by 7.1 percent in November 2016 compared to November 2015, CoreLogic’s Home Price Index shows. Expect more...
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How Old Is Your State’s Housing Stock?
More interesting details at: “The Age of Housing Stock,” National Association of Home Builders’ Eye on Housing blog (Jan. 5, 2017) and “Age of Housing Stock by State,” National Association of Home...
View ArticleHome Loan Interest Rates Move Down Again
For the third consecutive week, fixed-rate mortgages edged down, lowering borrowing costs for buyers and refinancers. So, now is the time to start your loan and home search! Freddie Mac reports the...
View ArticleStudy: January, February ‘Great for Buying’
For home buyers hoping to snag a deal, they may want to make a move now. Home prices in January usually decrease compared to the spring and summer buying season. There’s plenty of research to back that...
View ArticleMortgage Rates Move Up for First Time in 2017
Following several weeks of decreases, mortgage rates were back on the rise this week. “This week marks the first increase in the mortgage rate since December 29. The 2.8 percent decline in existing...
View ArticleMortgage Rates Take a Breather This Week!
Good News! Mortgage rates barely budged this week compared to the previous week, as the 30-year fixed-rate mortgage held its 4.19 percent average, Freddie Mac reports. “The 30-year mortgage rate...
View ArticleHispanic Homeownership Defies National Trend
The Hispanic demographic was the only ethnic demographic with an increase in the homeownership rate in 2016. The Hispanic homeownership rate rose from 45.6 percent in 2015 to 46 percent last year,...
View ArticleHome Loan Interest Rates Are Holding Mostly Steady
Rates have mostly stayed flat the past three weeks, offering buyers a pause to steadily rising rates. “Rates are at about the same level at which they started the year and have stayed within a two...
View ArticleDon’t Underestimate Power of Pets
Pets are having more of an influence in home buying and selling as well as renovation, a new study by the National Association of REALTORS® shows. Eighty-one percent of Americans say that...
View ArticleMortgage Rates: Is It a ‘Year Full of Surprises’?
Interesting thought of the week with this real estate opinion: “For the last 46 years, the 30-year mortgage rate has been almost perfectly correlated with the yield on the 10-year Treasury, but not...
View ArticleExisting-Home Sales Reach Decade High
Existing-home sales in January reached their fastest pace in nearly a decade, with all major regions except the Midwest posting gains last month, the National Association of REALTORS® reports. Total...
View ArticleHome Loan Interest Rates in Holding Pattern?
Good news for now! Mortgage rates continue to defy expectations, with the 30-year fixed-rate mortgage rate barely budging for the fourth consecutive week. Freddie Mac reports the following national...
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