Mortgage Rates Remain Relatively Flat This Week
The 30-year fixed-rate mortgage (FRM) remained relatively flat, increasing minorly from last week’s average of 7.18% to an average of ...
Tag: Housing Market
Leading Economic Indicators Continue to Trend Down
The Leading Economic Index (LEI) fell 0.4% in August to 105.4, continuing the recent downward trend, according to the latest ...
Affordability a Major Factor for People Moving to Other States in Post-Pandemic Time
The COVID-19 pandemic led to lockdowns and shut-ins, but it also created opportunities for movers. Whether households made a long-distance ...
Single-Family Rent Growth Drops to Almost 3 Year Low in July
Single-family rents posted a 3.1% year-over-year gain in July, the 15th consecutive month of deceleration but is still in line ...
Rising Mortgage Rates Affect August Housing Starts
As mortgage rates currently sit above 7%, housing construction has taken a hit in response, according to a new report ...
Builder Confidence Weakens Due to Rising Mortgage Rates
Builder confidence in September fell below a reading of 50 for the first time in five months, according to new ...
Consumer Sentiment Falls Again in September
Consumer sentiment fell 2.6% in September, according to data from the University of Michigan. “Sentiment this month was characterized by ...
NAR Reports Identify Barriers to Homeownership
There’s no market without buyers, but that doesn’t mean that buying a home is easy for them. Two new surveys ...
Mortgage Rates Inch Back Up
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip ...
Where Homeowners Can Get the Largest, and Smallest, Home Equity Loans
While most homeowners are unlikely to have that much value built into their properties, many are nonetheless tapping into the ...
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.
Business Tip of the Day provided by
