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
Accessory dwelling units are being used for fun, family and profit
Casitas. Granny flats. Tiny homes. Back yard in-laws units. She-sheds. Man caves. Call them what you will, but across the country they are now being used not only for fun,
Dipping interest rates help single family home permits surge ahead of predictions
It’s a numbers game, but it’s one everyone in the real estate and the home building industry watches. While construction of new houses fell more than 9% in September, there