ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »ARMs Offer Largest Savings Since 2015
As mortgage rates surge at their fastest pace in decades, a new Redfin study revealed that homebuyers could save more than $15k over five years by taking out an adjustable-rate mortgage rather than a typical 30-year fixed-rate mortgage.
Read More »Homebuyer Demand Slips as Mortgage Rates Approach 6%
Homebuying demand pulled back further as mortgage rates reached their highest level in over 13 years, according to a new report from Redfin. “Mortgage rates near 6% have ...
Read More »How Cosmetic Factors Affect Home Selling Points
A statement-making front door can boost a home's curb appeal and its value according to new research from Zillow, finding that homes with slate blue or black front ...
Read More »Home Sellers Nationwide Dropping Prices in Pandemic Hot Spots
Price drops have become increasingly common throughout the U.S., particularly in parts of Utah and other mid-sized metros in the West, according to a new report from Redfin. ...
Read More »Rising Rates Adding up to Mountains of Extra Interest
Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice ...
Read More »Homes Are Receiving Fewer Bids as Prices Increase
It seems that rising interest rates and record-high home prices are finally starting to affect the market as fewer homes received competing bids in March than they did ...
Read More »Fannie Mae Predicts Eight Rate Changes Before 2024
A slowing economy, decades-high inflation, expired fiscal stimulus, tightening monetary policy, and now Russia's invasion of Ukraine are all weighing on the health of the U.S. economy.
Read More »Mortgage Rates Break From New Norm
Freddie Mac’s latest Mortgage Market survey revealed an unchanged mortgage rate, but one economist warns of “volatility on the horizon.”
Read More »New Month, New Direction for Mortgage Rates
After weeks of steady increase, Freddie Mac’s latest Primary Mortgage Market Survey reports rates are nearing their lowest marks of 2019.
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