by sgomes | Jun 2, 2023 | Mortgage Rates
By: Matthew Graham, Wed, May 31 2023, 4:43 PM: After hitting the highest levels in several months last Friday, mortgage rates have fallen fairly quickly in the new week. As bond markets improved this afternoon, many lenders were able to make mid-day adjustments. ...
by sgomes | May 26, 2023 | Housing
Research provided by Point2: Living in the city can have many perks, but the opportunity to become a homeowner is not one of them for many renters and home seekers. However, living in the suburbs can make your homeownership dream come true. The prices of homes for...
by sgomes | May 24, 2023 | Housing
New Home Sales exceed expectations again as existing home inventory continues to lag. By Arnie Aurellano While residential resales remain underwhelming, deals for new residences continue to surge, with sales for new single-family homes rising to a 13-month high in...
by sgomes | May 16, 2023 | Reverse Mortgage
From an article by Aly Yale. Updated on May 16, 2023 / Getty Images/iStockphoto / CBS News – There are multiple benefits to taking out a reverse mortgage. Here are the top four ways a reverse mortgage can help you: A reverse mortgage is a type of loan that pays you....
by sgomes | May 15, 2023 | Mortgage Rates
By: Jann Swanson, Wed May 10, 2023, 8:24 AM: The volume of mortgage applications increased last week for both home purchases and refinancing. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, increased 6.3 percent on a...
by sgomes | May 10, 2023 | Housing
Wondering if you should continue renting or if you should buy a home this year? If so, consider this: Rental affordability is still a challenge and has been for years. That is because, historically, rents trend up over time. Data from the Census shows rents have been...
by sgomes | May 10, 2023 | Housing
The housing market’s been going through a lot of change lately, and there has been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what is next with home prices and mortgage rates, or what the best advice...
by sgomes | May 10, 2023 | Housing
By: Jann Swanson Wed, May 3 2023, 1:32 PM While home prices continue to fall on an annual basis, new data from Black Knight indicates that the trend may not continue beyond the short term. The company’s March Mortgage Monitor shows its seasonally adjusted Home...
by sgomes | May 10, 2023 | Mortgage Rates
By: Matthew Graham Wed, May 3 2023, 4:27 PM The implication of “Fed rate hikes” is a constant source of confusion in the housing market. The general belief is that the Fed controls rates and if they’re hiking, then rates are going higher. ...
by sgomes | May 10, 2023 | Housing
In the United States, there are over 72 million millennials. If you are part of that generation and have thought about buying a home, you are not alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they are not already. But why?...
