Airbnb

Surprisingly Strong

Today’s News Synopsis: Home buying demand amidst job loss and Covid-19.  Mortgage rates remained flat with 30-year rates now at 3.33% and 15-year rates at 2.77%.  The amount of mortgage credit available decreased to its lowest in 5 years. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (4-9-2020) “Freddie Mac (OTCQB: FMCC) today released the …

Surprisingly Strong Read More »

Almost 4,000 SJSU Students Have Experienced Homelessness

Today’s News Synopsis: Airbnb to house homeless students at SJSU.  The Mortgage Bankers Association reported a 9.6% increase in mortgage applications from last week.  A year after coming to Virginia, what effect has Amazon’s 2 headquarters had on home prices in Virginia? In The News: Redfin – “National Bidding War Rate Hit a 10-Year Low in …

Almost 4,000 SJSU Students Have Experienced Homelessness Read More »

Record Number of Boomers Hitting Retirement Age Face Deep Challenges

Today’s News Synopsis: Harvard study shows housing inequality for seniors.  Mortgage rates increased this week with 30-year rates now at 3.69% and 15-year rates at 3.15%.  Despite this, there’s still home for homebuyers.  Have you wanted to live in your own Barbie Dreamhouse?  Now, thanks to Airbnb, you can. In The News: Freddie Mac – “Mortgage …

Record Number of Boomers Hitting Retirement Age Face Deep Challenges Read More »

iBuyer Beware!

Today’s News Synopsis: Bernie Sanders housing plan would not be good for iBuyers.  The NAHB reported new homes sales increased by 7.1% in August, a healthy gain.  Mortgage applications, meanwhile, decreased 10.1% from last week. In The News: NAHB – “New Home Sales Post Solid Gains in August” (9-25-2019) “Sales of newly built, single-family homes increased …

iBuyer Beware! Read More »

Scroll to Top