Home prices in the U.S. rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. A national gauge of prices increased 0.5% in April from March, according […]
WASHINGTON (June 8, 2023) – The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com®. The country’s persistent […]
With home prices in South Florida still on the rise, the ebb and flow of mortgage rates are making the market tricky for buyers and sellers. Mortgage rates reached 6.9% this week, the highest level […]
Mortgage Solutions takes its regular weekly look across the Atlantic and examines what’s going on in the US mortgage market. In its latest Primary Mortgage Market Survey, the Federal Home Loan Mortgage Corporation (Freddie Mac) […]
Heads up, homebuyers! Big changes have arrived in the way mortgage fees are calculated, and they could offer a windfall — or an unexpected surcharge — for your next home purchase. Starting Monday, some fees will […]
Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median […]
New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly […]
Pending home sales crushed expectations in January, when mortgage rates dropped from recent highs of more than 7% and home buyers jumped at the opportunity. According to data released Monday from the National Association of […]
The post FHA Cuts Mortgage Insurance Rates, Providing More Opportunity for First-Time and Low-Income Buyers appeared first on Weekly Real Estate News.
Mortgage application volume took a big hit last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, plummeted 13.3 percent on a seasonally adjusted basis compared to the […]
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