Housing Market Looking Brighter
Real estate indicators are starting to shift in favor of home buyers as the housing market sets its sights on spring. Mortgages are getting cheaper, housing inventories are growing, and home prices are...
View ArticleMortgage Rates at 10-Month Low
“The U.S. economy remains on solid ground, inflation is contained, and the threat of higher short-term rates is fading from view, which has allowed mortgage rates to drift down to their lowest level...
View ArticleRates at Lowest Levels in a Year
Cooling inflation and slower global economic growth prompted mortgage rates to drift down this week, Freddie Mac reports. “While housing activity has clearly softened over the last nine months and the...
View ArticleMortgage Rates Head Even Lower
Mortgage rates inched lower for the third consecutive week. Freddie Mac Chief Economist Sam Khater says the lower rates bode well for the spring home buying season, typically the busiest time of the...
View ArticleHome Loan Rates Remain Low
“Mortgage rates remained mostly unchanged this week, while mortgage applications rose 5.3 percent from the previous week,” says Sam Khater, Freddie Mac’s chief economist. “The general decline in rates...
View ArticleMortgage Rates Inch Up!
After weeks of declines, mortgage rates reversed course, but are still lower than a year ago. “While mortgage rates very modestly rose to 4.41 percent this week, they remain below year-ago levels for...
View Article30-Year Rates Plunge This Week
Home shoppers are finding some of the lowest mortgage rates in more than a year. “Mortgage rates declined decisively this week amid various market reports, a strong bond auction, and further...
View ArticleSlight ‘Mortgage Rates Rise’
For the third week in a row, mortgage rates inched upward, but economists were quick to reassure home buyers and potential refinancers that rates remain still are below year-ago averages. “After...
View ArticleMortgage Rates ‘Drop This Week’
Following four weeks of rate increases, fixed-rate mortgages posted a drop this week. Rates remain well below their averages from a year ago, and Freddie Mac predicts that will be a boon to home sales...
View ArticleOwning Is Easier Than Renting
Survey: A majority of homeowners recently surveyed say they believe owning a home isn’t as difficult as renting, according to a new survey from LendingTree, an online loan marketplace. Only 15% of...
View ArticleMortgage Rates ‘Drop This Week’
Mortgage rates are showing signs of moderating this month, following increases in April. Borrowers are discovering much lower rates compared to a year ago. “A combination of low mortgage rates, a...
View ArticleHomeowners’ Top Neighborhood Gripes
The wrong neighborhood can make for an unhappy homeowner. A new survey from Porch.com, a home remodeling website, surveyed about 1,000 consumers to find the biggest neighborhood turnoffs. Noise,...
View ArticleMortgage Rates Continue Decline
“Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018,” says Sam Khater, Freddie Mac’s chief economist. “The drop in mortgage rates is...
View ArticleLoan Rates Back in 3% Territory
For the first time since January 2018, the 30-year fixed-rate mortgage has dropped below 4%. “Lower rates should, however, give a boost to the housing market, which has been on the upswing with both...
View ArticleRates Drop to 2-Year Lows
This marks the sixth consecutive weekly decline for mortgage rates, leaving some borrowers wondering how low will they go. The 30-year fixed-rate mortgage averaged 3.82% this week, the lowest average...
View ArticleRates Hold at 2-Year Lows
“Mortgage rates were mostly unchanged from last week due to easing of trade tensions with Mexico, which helped stabilize markets,” says Sam Khater, Freddie Mac’s chief economist. “These historically...
View ArticleNew-Home Sales Plunge
While housing affordability has been getting a hand from lower mortgage rates, it didn’t lift new-home sales last month. Sales of newly built single-family homes under performed in what is...
View ArticleInterest Rates ‘Lowest Since 2016’
For the seventh time in the last nine weeks, the 30-year fixed-rate mortgage dropped, reaching the lowest average since November 2016, Freddie Mac reports in its weekly mortgage market survey....
View ArticleHow Burglars Often Enter a Home
Cove, a home security firm, surveyed nearly 1,000 people who have experienced a break-in at least once to learn more about how burglars entered the home and what they wished they had done in hindsight...
View ArticleSurvey: Renters Rely Heavily on Web Reviews of Landlords
Consumers largely depend on online reviews and ratings websites when deciding where to rent a property, according to the 2019 Renter Insight & Digital Engagement survey, based on a survey of more...
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