Mortgage rates are never constant, and even if they remain fairly consistent, a variety of economic factors can sway them. In this week’s mortgage market update we look at how
Low single-family housing inventory persist as the decade begins
Although the real estate market is healthier now than it was a decade ago, certain struggles persist. Unfortunately, low inventory levels continue to burden markets across the nation; this ultimately
Mortgage Market Update – December 30, 2019
This week’s Mortgage Market Update will look at what’s keeping rates trending neutral, how rate movement is expected to change in the upcoming week and how drastically rates may change.
Buildable lots getting more scarce in most desirable areas
The sky may be infinite and the oceans vast, but land is finite — and there is a shortage of it to build homes on, accord to a recent NAHB/Wells
Housing inventory expected to naturally free up over the next 20 years
It’s being called the Silver Tsunami. Zillow analysts report that over the 2017-2027 period, 920,000 baby boomer-held homes will be freed up yearly, with 1.17 million materializing in the succeeding
The housing market continues to see strength in 2019
As the year comes to an end, the housing market continues to build strength. Bankrate’s Natalie Campisi reports that as the third quarter of 2019 closed, home buyers were in
Mortgage Market Update – December 2, 2019
Rates are trending neutral this week, but upcoming jobs and trade data could push rates higher. In today’s Mortgage Market Update we look at how rates are trending, what’s likely
Single-family rentals continue to get more expensive
Apartment living has its advantages, but it seems today’s renters are opting for single-family homes instead of schlepping their bags of groceries up elevators. What else is driving more people
Recent rate cut means smiles for mortgages and credit cards, sad news for savers
When the Federal Reserve cuts rates, there is a reason for it. While there is no crystal ball, the Feds look for signs of a slowing economy and often hedge
First-time homebuyers often feel unprepared for ownership
For some it seems like a no-brainer. Renting a home can often feel like throwing money away, offering no sense of ownership in return. However, for many, the idea of