Freddie Mac just released findings from its Primary Mortgage Market Survey (PMMS). Survey results reveal that the 30-year fixed-rate mortgage (FRM) averaged nearly 3%. This is up just ...
Read More »What is Driving Down Mortgage Applications?
According to findings recently released from the Mortgage Bankers Association (MBA), its latest Weekly Survey showed that mortgage applications took a dive this past week (ending in August ...
Read More »Late-Summer Housing Market Unseasonably Hot
A new housing market study shows a summer that has refused to adhere to the typical seasonal trends. A recent report from Redfin reveals the state of housing ...
Read More »Experts React to Housing Starts Report
Experts are weighing in on the recently released new residential construction report from the Census Bureau. According to the report, July’s housing demand is ablaze with would-be buyers ...
Read More »Fannie Mae: Economy Ready for Rebound After Historic Setback
According to an economist for the GSE, however, the pace of economic recovery will be driven largely by factors related to the coronavirus.
Read More »Greener Pastures? Homebuyers’ Interest Turns to Rural America
The trend, economists say, is partly due to the fact that pandemic-related working from home means commute times are no longer a major factor for some people. The ...
Read More »Q2 2020: Metro Home Price Breakdown
According a recent quarterly report, nearly every metro area in America experienced an increase in home prices during the second quarter of the year. Here’s where prices rose the most.
Read More »HUD Approves Alternate Uses for COVID-19 Relief Funds
HUD Secretary Dr. Benjamin Carson said, “In combatting the novel coronavirus, we have to be responsive to challenges as they arise.”
Read More »Freddie Mac Reports Mortgage Rates Are Moving on Up
Even with this week’s uptick, economists suggest low rates still provide a significant boost to the housing market that continues to hold up well during this uncertain time.
Read More »Americans Are Moving Due to Pandemic—Here’s Where
A new report reveals that states that have not issued stay-at-home orders are attracting new residents.
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