Real Estate News Recap: Mortgage Credit Availability Decreased in December CoreLogic Reports U.S. Overall Delinquency Rate Lowest for an October in at Least 20 Years Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage Rates Generally Hold Steady Renting is more affordable than buying in almost 50% of these
Bruce and Aaron Norris are joined this week by Cary Pearce. He is the branch manager and senior loan manager for Flagstar Bank. He has over 25 years in the lending business, and Bruce has known Cary for just about as long as he’s been in the business. Episode Highlights How
Today’s News Synopsis: Keeping house plants alive is tough work. Freddie Mac reported Mortgage rates held steady this month with 30-year rates at 3.65% and 15-year rates at 3.09%. Foreclosure activity dropped to its lowest in 15 years last year, having decreased 21% year-over-year to 493,066. In The News: Freddie
Today’s News Synopsis: All the hidden costs of buying a home. The Mortgage Bankers Association reported a 3.2% increase in mortgage applications from last week. Job growth is slower as a result of weaker affordability. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (1-15-2020)
Today’s News Synopsis: How many million-dollar cities are there in the U.S.? What bargains are playing hide-and-seek in the biggest cities? Mortgage delinquencies were at their lowest in 20 years in October. In The News: Realtor.com – “Living High on Low Rent: Where the Bargains Are Hiding in America’s Biggest Cities”
Today’s News Synopsis: The future is now. The Mortgage Bankers Association reported the amount of available mortgage credit decreased in December by 3.5% to 182.2. In almost 50% of the markets in the U.S., it is more affordable to rent than buy, and they all have one thing in common.
Real Estate News Recap: CoreLogic Reports November Home Prices Increased by 3.7% year Over Year Housing inventory falls to a two-year low Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey Mortgage Rates Drop as 2020 Gets Underway The States That Residents Are Leaving And The
Aaron Norris is joined this week by Derek Harms today. Over the next couple of months, Aaron is going to try to go area by area and talk to some trusted voices in the market. Derek happens to be the president of the North San Diego Real Estate Investors Club,
Today’s News Synopsis: Certain words and phrases could help boost your property listings. What are they? Freddie Mac reported mortgage rates began this year by decreasing, putting 30-year rates now at 3.64% and 15-year rates at 3.07%. The latest trend combines millennials with granny-chic for a new style called “grandmillennial.”
Today’s News Synopsis: What is the latest reason millennials are not buying homes? The Mortgage Bankers Association reported mortgage applications decreased 1.5% from the last two weeks. The shortage of homes is getting worse for all types of houses, even luxury. In The News: Mortgage Bankers Association – “Mortgage Applications Decreased
The Norris Group 1845 Chicago Avenue, Ste C, Riverside, CA 92507
Tel: (951) 780-5856 Fax: (951) 780-9827
E: info@thenorrisgroup.com
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Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
