Monthly mortgage prices have dropped by a few hundred dollars since October, reaching their lowest level in nearly a year.
Read More »Freddie Mac: Mortgage Rates to Continue ‘to Drift Downward’ in the New Year
Freddie Mac reports a slight one basis-point rise in the 30-year, fixed-rate mortgage to begin 2024, with rates moving sideways as the market digests incoming economic data for the new year. Here’s what they expect for the months ahead.
Read More »Locked-in Homeowners Look to Do-It-Yourself Solutions
"Craftsman Tools set out to further explore the impact today's housing climate has on Americans, and found that many homeowners would rather roll up their sleeves to tackle home improvement projects on their current home than give up their coveted low-rate mortgages for a new home," said Doug Redpath, President of Hand Tools, Accessories, and Storage for Stanley Black & Decker.
Read More »2024 Housing and Economic Conditions: Headed in the Right Direction?
According to a new LendingTree study, rates began to trend in the right direction after peaking in October, with the average rate for 30-year fixed mortgages falling to below 7.00% by December, ending the year more than a percentage point lower than their 2023 peak. But will economic conditions continue to ease in 2024?
Read More »Here to There: Insights From Latest National Movers Study
United Van Lines has released the latest iteration of their annual National Movers Study, which uses internal data based on multiple thousands of moves to determine inbound hotspots and outbound migration patterns.
Read More »Mortgage App Volume Declines as Tumultuous Year Comes to a Close
Despite mortgage rates steadily falling over the last month of 2023, overall mortgage application volume slipped nearly 10% over a two-week span to close out the rollercoaster ride that was the housing market of 2023.
Read More »Renters Faced a Tough Market This Year
Despite a surge of new apartments listed on the market this year, fewer renters renewed their leases, according to RentCafe's 2023 Year-End Report.
Read More »Hidden Fees Adding More to American’s Plates
It’s not inflation that biting into American’s bottom lines according to a new report from doxo, who found that hidden fees in banking and bill paying are causing billions of dollars of damage annually.
Read More »Spokane, Washington Hits List of Top-10 Destinations for Movers
For the first time, Spokane is a migration hotspot for people still chasing affordability as the pandemic boom of people moving may be at its end according to Redfin.
Read More »Waterstone Mortgage Names New Director of Affordable Housing
Bringing 25-plus years of experience to his new role, David Sparks will help in identifying and growing strategic relationships with affordable housing assistance providers to offer new programs for Waterstone Mortgage customers.
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