When the real estate market has fewer homes available, obviously sales will suffer. Over this past summer, we’ve seen just how significantly low inventory can affect the market and now,
Mortgage Market Update – September 26, 2017
In this week’s Mortgage Market Update, we see that rates are currently trending lower while volatility heightens.
First, a quick reminder of how mortgage rates move:
Conventional and government lenders set their
Homeownership Remains Top Priority Among Consumers
The dream of owning a home is still viewed as the number one long-term financial goal for Americans, with 54 percent saying it was their primary long-term financial objective. This
Student Loan Debt Delays Home Buying By Seven Years
A new study by the National Association of Realtors (NAR) and the American Student Assistance shows that the weight of student debt can cause new home buyers to delay entering
Mortgage Market Update – September 11, 2017
In this week’s Mortgage Market Update, we see how certain geopolitical events are likely to affect mortgage pricing. But first, let’s quickly review how mortgage rates move…
How Rates Move
Conventional and
Existing Home Sales Show Tight Market
As the supply of existing homes for sale continues to lag behind demand, consumers and industry professionals alike are closely watching the latest statistics. The National Association of Realtors (NAR)
Mortgage Market Update – August 14, 2017
This week’s mortgage rate summary shows rates currently trending sideways, with a solidly neutral forecast. Keep in mind, these trends are subject to change. Be sure to check back frequently
North Texas home sales, prices reach new high in June
North Texas’ real estate market is on fire. According to DallasNews.com, North Texas real estate agents sold a record number of houses in June, while area prices also hit a peak.
In
Younger Americans more likely to rent, new report says
The national home ownership rate is currently at 75.0%, which leaves a quarter of Americans who are renting. According to a recent report from Pew Research, younger Americans in particular
Mortgage Market Update – July 24, 2017
In this week’s Mortgage Market Update, we’ll look at current trends in mortgage rates and what economic factors may contribute to the fluctuations in the market. Read on for details…