Tag Archives: Frank Martell

The 12-month rise in home prices nationwide hit a record-setting mark in August, the highest in 45 years of recording this data.

Data analyzed by CoreLogic has found the share of homes in negative equity fell to 2.3% in the second quarter of 2021 the lowest share in at least 12 years.

Freddie Mac reports mortgage rates leveling off as COVID variants have led to weaker employment, a drop-off in spending, and declining consumer confidence.

Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.

U.S. Senators Jerry Moran and Jeanne Shaheen hosted a roundtable to break down the struggle that homebuilders are facing to keep up with continued demand.

Purchase apps have fallen slightly, however homeowners nationwide continue to jump into the refi market with rates falling to record low territory.

The continued imbalance between supply and demand is deterring some buyers in a market where home prices are seeing an inordinate spike, primarily in lower density neighborhoods with more living space.

For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?

Despite rates in the 3% range, potential homebuyers are finding high home prices continuing to outpace the benefits of lower borrowing costs, according to a new study.

Despite the pandemic of the past year, U.S. homeowners found a bright spot in the rise of their home equity, with home prices showing gains of more than $30,000 per borrower.