After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
Read More »Mortgage Rates Shift to Kick Off New Year
Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
Read More »First-Time Buyers Weigh Their Options
A new study examines ideal destinations for first-time buyers, as they consider space, location, and overall pricing.
Read More »Low Rates Keeping the Winter Market Strong
Looming threats of rising interest rates coming this year are pushing more homeseekers into the market who are eager to get into a home before those threats become a reality. According to ...
Read More »Pending Home Sales Slide 2.2% in November
Low housing supply and rising prices sent pending sales downward as contract signings dropped in all regions of the nation.
Read More »Mortgage Rates Reverse Course and Trend Downward
After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.
Read More »Rising Cost of Materials Squeezing Some Out of the Market
Even with rates heading back down to the 3% mark, many single‐family home buyers are being outpriced with lumber costs again on the upswing.
Read More »Existing-Home Sales Rise for Third Straight Month
A new report has found that eager home buyers are anticipating a rise in rates with home sales on the upswing in November.
Read More »First-Time Buyers Willing to Overpay for Dream Homes
After the challenges of landing a home in 2021, millennials and first-time buyers head into Q1 of 2022 set to land the home of their dreams.
Read More »Housing Starts Up in November
New construction activity rolled onward in November, as a rise in homebuilder sentiment looks to even the supply to demand imbalance in 2022.
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