After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.
Read More »Rising Cost of Materials Squeezing Some Out of the Market
Even with rates heading back down to the 3% mark, many single‐family home buyers are being outpriced with lumber costs again on the upswing.
Read More »Homebuyer Competition Drops to 12-Month Low
Despite an overall decline in buyer competition, populous cities like Richmond and Salt Lake City have had the highest bidding-war rates within the housing market.
Read More »Homespire Mortgage Partners to Build Veteran Homes
Homespire’s $50,000 donation will help support military veteran organization’s mission of building specially adapted custom homes.
Read More »Mortgage Applications Tail Off to End 2021
A 3% decline in purchase applications was offset by a 2% rise in refi activity as overall mortgage application volume slid for the second consecutive week.
Read More »Existing-Home Sales Rise for Third Straight Month
A new report has found that eager home buyers are anticipating a rise in rates with home sales on the upswing in November.
Read More »Lake Trumps Beach, Tahoe Named Top Summer Destination
The designation was based on an analysis of several factors, according to Zillow, encompassing thousands of ZIP codes scattered throughout the nation's 100 largest metropolitan areas.
Read More »Prices Rise as the Nation’s Housing Supply Tightens
According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's ...
Read More »New Residential Investment Closes Deal to Acquire Genesis Capital
New deal reinforces New Residential’s position as a diverse investment company in acquisition of firm projected to originate $2 billion in loans in 2021.
Read More »Median Home Sales Prices Drop in November
RE/MAX reports that, amid a seasonally cooling market, the national median home sale price fell nearly 3% in November.
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