Posts Tagged ‘freddie mac’

Zillow Showed Homes for Sale Decreasing at Fastest Rate Since 2013

June 22nd, 2017

Today’s News Synopsis: Zillow’s latest real estate market report showed homes for sale are not only decreasing but are doing so at their fastest rate since 2013.  Freddie Mac reported mortgage rates remained relatively the same with 30-year rates at 3.9% and 15-year rates at 3.17%.  Lower-end buyers are having less

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Report From GoBankingRates Shows Where Cost of Living is the Highest

June 19th, 2017

Today’s News Synopsis: A recent report from GoBankingRates showed which cities are seeing the cost of living increase the most.  In addition, Realtor.com released its own list of the top cities where homes listed at $1 million and more are increasing.  Fannie Mae just released their economic and housing outlook report

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NAHB Report Shows Builder Confidence Remains Strong

June 15th, 2017

Today’s News Synopsis: The NAHB reported builder confidence continues to remain strong, having decreased only slightly to 67 from 69.  Freddie Mac reported mortgage rates increased slightly after having steadily decreased for a long time; 30-year rates now stand at 3.91% and 15-year rates at 3.18%.  The pace at which homes

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Interest Rates Saw the Third Increase Today by the Federal Reserve Since 6 Months Ago

June 14th, 2017

Today’s News Synopsis: In a breaking news story, the Federal Reserve raised interest rates today for the third time in six months and plans to raise them one more time.  However, they may reconsider this decision with the drastic decrease and slowdown in consumer-price inflation.  More wealthy home buyers are going

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Mortgage Delinquencies Decrease in March to Lowest in 10 Years

June 13th, 2017

Today’s News Synopsis: Mortgage delinquencies decreased 0.8% to 4.4% in March, their lowest in ten years.  Realtor.com released their latest list showing the most expensive homes being sold on the market.  REALICITY just announced its plans to release their new business model in New York very soon. In The News: CoreLogic – “CoreLogic Reports

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ATTOM Data Solutions Reports Home Flipping at Highest in Nine Years

June 8th, 2017

Today’s News Synopsis: According to ATTOM Data Solutions, the first quarter of this year saw 43,615 single-family homes and condos flipped, up to their highest in their 9 years.  The architecture of Frank Lloyd Wright continues to have an influence on home design today, even 150 years after he was born.

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Shades of Blue and Gray Shown to Be the Best Colors To Add Value to your Home

June 1st, 2017

Today’s News Synopsis: Zillow discovered the wall color that seems to help homes sell the most is blue to light gray.  Freddie Mac released their latest report on mortgage rates, showing a decrease this week with 30-year rates now at 3.94% and 15-year rates at 3.19%.  Median home sizes for

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Zillow Holds Contest For Best Improvement to their Zestimates Algorithm

May 24th, 2017

Today’s News Synopsis: Black Knight Financial Services released their Mortgage Data Report for April 2017, which showed a 13% increase in mortgage delinquencies and foreclosures at their lowest in ten years.  Existing home sales decreased 2.3% in April, while pending home sales 5.9% month-over-month and 7.4% year-over-year.  Zillow is holding

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New Homes Sales Decrease 11.4%, But Not Because of Lack of Available Homes

May 23rd, 2017

Today’s News Synopsis: New homes sales decreased 11.4% in April after being at their highest in over 9 years according to the Commerce Department.  Despite the decrease in sales, the reason is not because not enough are being built, but rather not enough people can afford one.  Fannie Mae announced

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Zillow Says Extra Hidden Costs for Homes Could Cost Up to $15,000

May 18th, 2017

Today’s News Synopsis: The sizes of single-family homes are becoming smaller as more people are shopping for townhouses and the size of the home is decreasing.  Mortgage rates decreased this past week with 30-year rates now at 4.02% and 15-year rates at 3.27%.  Zillow revealed extra costs homeowners may find

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