by Maiya Beeson | Jun 7, 2023 | Home Buying, Home Prices/Worth, Home Selling, Housing Market, Interest Rates, Mortgage Related, Real Estate Investing
Low inventory has done a number on the typically busy Spring homebuying season. But as macroeconomic factors shift week to week, could a sizzling summer market be on the horizon? Summer is traditionally a busy season for the real estate housing market. The long days...
by Maiya Beeson | Mar 6, 2023 | Home Buying, Housing Market, Interest Rates, Mortgage Related
The housing market is becoming an increasingly complicated game for first-time home buyers. Unpredictable interest rates, inventory shortages, and affordability woes mean there’s no clear-cut, one-way route to homeownership. NAR’s latest study shows the creative...
by Lauren Schaefer | Jun 30, 2022 | Home Buying, Home Selling, Interest Rates, Mortgage Related
Mortgage rates fell this week. It appears that rates have already accounted for some of the effects of the Fed’s tightening policy. According to Freddie Mac, the 30-year fixed mortgage rate dropped to 5.7% from 5.81% the previous week. Although rates are...
by Lauren Schaefer | Jun 22, 2022 | Interest Rates, Mortgage Related
Mortgage applications to purchase a home rose 8% last week compared with the previous week, bolstered in part by demand for adjustable-rate mortgages, according to the Mortgage Bankers Association’s seasonally adjusted index. Applications were, however, 10% lower than...
by Lauren Schaefer | Oct 15, 2020 | Housing Market, Interest Rates, Mortgage Related
Mortgage applications increased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 4, 2020. This week’s results are being compared to the week...
by Lauren Schaefer | Sep 21, 2020 | Home Buying, Interest Rates
Homebuyers on a $2,500 Monthly Budget Can Afford $33,000 More With Low Mortgage Rates, But Higher Home Prices Cancel Out Increase Historically low rates are motivating homebuyers even though prices were up 8.2% year over year in July, effectively canceling out the...
Recent Comments