This week mortgage rates are looking fairly unchanged but high volatility could be on the horizon. Before we dive into our latest Mortgage Market Update, let’s review the basics of
Mortgage rates have fared better than anyone expected
Mortgage rates appear to have fared unexpectedly well for the previous year. Reflecting back on 2019, it’s clear that last year’s mortgage market was the best since the height of
Mortgage Market Update – January 13, 2020
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