Mortgage Rates Rise This Week
The 30-year-fixed-rate mortgage average 6.77% this week, up from last week’s average of 6.64%, according to the latest Primary Mortgage ...
Tag: Housing Market
Builder Confidence Rises for Third Consecutive Month
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to ...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the ...
Foreclosure Activity Up in January
In January 2024, there were 33,270 properties with foreclosure filings, default notices and scheduled auctions or bank repossessions, according to ...
Mortgage Applications Decrease This Week
Mortgage applications reversed course this week, decreasing 2.3% from last week’s increase of 3.7%, according to the latest Weekly Mortgage ...
Something’s in the Air: More Homebuyers Find Love After Moving
This Valentine's Day, love is in the air amongst homeowners who have just moved. More than 2 in 5 recent ...
Possible Real Estate Crime Ring Allegedly Scamming Thousands of Hopeful Buyers
What appears to be a nationwide, fraudulent, real estate crime ring is allegedly responsible for presenting fake listings with stolen ...
Home Price Gains Are Thriving, Propelled by Ongoing Job Growth
Propelled by ongoing job growth, December 2023 saw continued home price gains, according to the CoreLogic Home Price Index (HPI) ...
Home Equity Down but Respectable in Q4 2023
In the fourth quarter of 2023, 46.1% of mortgaged residential properties were deemed equity-rich, meaning that nearly half of homeowners ...
Mortgage Rates Remain Stagnant
The 30-year-fixed-rate mortgage remained stagnant this week, averaging 6.64%, up from last week’s average of 6.63%, according to the latest ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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