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Mortgage
Surprise, Surprise: Mortgage Rates are Still High
By
Catherine Tims
| July 18, 2023
Home Buying
Mortgage Rates Soar, but Home Buyers Still Active
By
Catherine Tims
| July 10, 2023
Mortgage rates have been on the rise in recent months, but that hasn't stopped home buyers from entering the market. In fact, according to the National Association of Realtors, home sales in May 2023 were up 8.6% from the same month last year. So while mortgage rates are still creeping ever higher, home buyers are […]
Mortgage
Mortgage Rates Climb Ever Higher Once Again
By
Catherine Tims
| May 25, 2023
Recent market data has provided us with some bad news: average mortgage rates in the US have reached a new high-water mark. With an eye-watering rate of 7.17 percent, this new figure is a 52-week high, and real estate professionals are watching the markets closely to see how this will influence the coming weeks and […]
Housing
What's Going On in the Housing Market Currently?
By
Catherine Tims
| February 21, 2023
The US housing market has certainly been a wild ride lately, thanks to what seems like countless upheavals. Over the last 12 months, starting with mortgage rate increases precipitated by the US Federal Reserve raising its base rate, volatility has been high indeed. Let’s look at the current state of the housing market and where […]
Housing
Housing Market Shifts: Property Rental Grows More Affordable as Home Ownership Increases in Cost
By
RealtyBiz News
| February 1, 2023
As the economic landscape shifts from 2022 into 2023, adjacent industries like the real estate sector experience a ripple effect. Recently, new research into how the housing market has changed in response to these economic shifts has revealed that there are several locations throughout the country where it’s now more affordable to rent a home […]
US Real Estate
Take Advantage of Mortgage Rates While You Can
By
Brian Kline
| December 19, 2022
This week, mortgage rates dropped for the fifth week in a row. Sure, they are still high at an average of about 6.31% for a 30-year fixed-rate mortgage. And that is only for the best-qualified borrowers with a 20% down payment. But that is what experienced investors tend to be. Here are the reasons why […]
Editorial Insider
The Latest Breakdown of Total Mortgage Applications
By
Brian Kline
| October 31, 2022
Mortgage applications from home buyers are nearly half of what it was a year ago — that is the big Halloween spook for the housing industry this year. Total mortgage demand (including refinances) is the lowest that it has been in the last 25 years. The biggest reason for this is clear. The interest rate […]
Featured News
Redfin and Others Frame the Coming Housing Market Chill box
By
Phil Butler
| September 4, 2022
Redfin and others release data warning of a possible big chill looming on the horizon. Even if the economy does'nt plummet, real estate will take a hit.
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