Average Mortgage Rates Fall to Lowest Level in Two Years
While mortgage rates barely registered a dip this week, it was enough for economists to report they’ve reached their lowest ...
Tag: Real Estate Economics
Refinancing Accounts for Lion’s Share of Mortgage Applications as Activity Hits 2-Year High
Home purchase application activity continued to increase this week in the wake of the Fed’s milestone 50-basis point rate cut ...
Mortgage Rates Continue to Fall, Driving Activity for Purchases, Refinances
More signs point to more favorable housing costs this week as average mortgage rates continued to fall, following an aggressive ...
Economic Index Falls for Sixth Straight Month
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Mortgage Applications Spike This Week
Ahead of today’s highly anticipated rate cut by the Federal Reserve, applications for home purchases saw a significant increase last ...
Homebuilder Confidence Breaks Streak, Sees Increase
The decline of mortgage rates to their lowest level in 19 months has instilled new confidence in homebuilders in September, ...
Mortgage Rates Drop to their Lowest Level in 19 Months
Good news for those hoping for more decreases in mortgage rates this week, however the same challenges persist regarding affordability ...
Ahead of Expected Fed Rate Cut, Mortgage Applications Increase for Third Straight Week
Home purchase applications edged up for the third straight week, increasing 1.4% from last week’s increase of 1.6%, as mortgage ...
August Sees 142,000 New Jobs as Labor Market Cools; Fed Surely Noticing
Ahead of a key Federal Reserve meeting later this month to set interest rates, total nonfarm payroll employment increased by ...
A ‘Weird’ Economy and ‘Ugly’ Rate-Locks: Experts Say 2024’s Market Still an Enigma
Above, CoreLogic Chief Economist Selma Hepp. Photo credit: AJ Canaria WASHINGTON D.C.—The economy right now is “weird.” It also might be ...
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
