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: Social media factors in Millennial home-buying decisions. Speaking of which, experts believe more Gen Zers will own homes than millennials. Foreclosure activity decreased by 10% month-over-month and 6% year-over-year in November. In The News: Zillow – “More Gen Zers Than Millennials Will Own Homes, Experts Say” (12-16-2019) “The
Today’s News Synopsis: Will Millennials ever stop renting? Mortgage rates held steady this week with 30-year rates at 3.68% and 15-year rates at 3.14%. The amount of available mortgage credit increased last month by 2.1%. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (12-5-2019) “Freddie Mac (OTCQB: FMCC) today released the
Today’s News Synopsis: The 2020 predictions are rolling in. The Mortgage Bankers Association reported mortgage applications decreased 9.2% from last week. Which U.S. cities are the best for biking? In The News: Redfin – “Redfin Unveils the Best U.S. Cities for Biking in 2020” (12-4-2019) “Minneapolis, Portland, OR and Chicago are the most bikeable cities
Today’s News Synopsis: Forget aging in place. Which housing markets have the highest share of seriously underwater properties? The amount of mortgage credit availability increased in October by 0.9% to 185.1. In The News: ATTOM Data Solutions – “Top 10 Housing Markets with Highest Share of Properties Seriously Underwater” (11-12-2019)
Today’s News Synopsis: Millennials are moving more frequently. Freddie Mac reported mortgage rates remain firm with 30-year rates at 3.65% and 15-year rates at 3.14%. EXp just launched its own version of the instant offer platform. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (10-3-2019) “Freddie Mac (OTCQB: FMCC) today released
Today’s News Synopsis: Who will be the Amazon of housing? The Mortgage Bankers Association reported mortgage applications increased 8.1% from last week. More millennials are refinancing with the number being at a four-year high. In The News: Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (10-2-2019) “Mortgage
Today’s News Synopsis: California governor announces deal to cap rising rents. Home prices increased slightly in July by 3.6% year-over-year. Which age group is driving home prices up again? Believe it or not, it’s the older millennials. In The News: HousingWire – “Artificial intelligence in residential real estate: Reality or hype?”
Today’s News Synopsis: A recession won’t help you buy a house. Mortgage rates increased slightly from last week but generally held steady with 30-year rates now at 3.58% and 15-year rates at 3.06%. The National Association of Realtors reported a 2.5% decrease in pending home sales in July. In The
Today’s News Synopsis: Could we be seeing the next recession by 2020? Mortgage rates are at their lowest in three years with 30-year rates at 3.75% and 15-year rates at 3.18%. Which city has the number one stable housing market in the country? In The News: Freddie Mac – “Mortgage Rates
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Phone: (951) 780-5856
Fax: (951) 780-9827
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