Click through to learn why mortgage rates dropped again, according to the latest Freddie Mac survey and how the larger economy is impacting housing.
Read More »Why Low Mortgage Rates Aren’t Stoking Home Sales
An analysis of some of the nation’s top markets gives insights into the factors that are overriding the benefits of low rates.
Read More »Homeownership Levels Dropping, But Why?
Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the ...
Read More »Variety is Key When Shopping for a Mortgage
Fannie Mae’s National Housing Survey revealed that more than one-third of homebuyers last year said they did not shop around before choosing their mortgage lender. “The choice to ...
Read More »Interest Rates and the Impact on Mortgages
A new report issued by WalletHub found that there is a 78% chance the Fed drop interest rates on July 31, and that mortgage rates will fall if ...
Read More »Consumers Gain The Edge in Housing Market Shift
First American Financial Corporation’s Home Price Index (HPI) revealed that consumer home-buying power increased 1.3% in May 2019 and 9.3% year-over-year. The HPI states real house prices dropped ...
Read More »Are Mortgage Applications on the Decline?
Enthusiasm in the housing market fell this week, as CNBC reports that the overall volume of mortgage applications for the week fell 1.9%. The volume, however, is still ...
Read More »Newest Primary Mortgage Market Survey Released
The average rate for a 30-year fixed-rate mortgage was unchanged for the week ending July 11, remaining at 3.75%, according to Freddie Mac’s latest Primary Mortgage Market Survey. ...
Read More »Fannie Mae: Examining “a Divergence in Housing Affordability”
Fannie Mae’s latest Home Purchase sentiment index revealed that while low mortgage rates buoyed consumer interest, these factors continue to hang over American homebuyers.
Read More »Big Savings for Those Who Refinance
A new report by CNBC states that the average borrower could save about $266 per month because of the low mortgage rates, which could bring potential savings to ...
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