Today’s News Synopsis: Several MLS’s adding “coming soon” listings. Mortgage rates decreased again with 30-year rates now at 3.33% and 15-year rates at 2.82%. Despite businesses being affected by the pandemic, online notaries are helping complete transactions. In The News: Freddie Mac – “Mortgage Rates Drop Again” (4-2-2020) “Freddie Mac (OTCQB: FMCC) today
Today’s News Synopsis: Coronavirus and Loneliness. Mortgage rates decreased this week with 30-year rates now at 3.5% and 15-year rates at 2.92%. The market is being slowed by stay-at-home orders. In The News: Freddie Mac – “Mortgage Rates Drop” (3-26-2020) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market
Today’s News Synopsis: Real Estate agents seek support from Congress. Mortgage rates increased this week with 30-year rates now at 3.65% and 15-year rates at 3.06%. In the wake of the coronavirus, Fannie, Freddie, and FHA have suspended all foreclosures and evictions. In The News: National Association of Realtors – “NAR
Today’s News Synopsis: Why is the perfect home so hard to find? Mortgage rates went up slightly with 30-year rates now at 3.36% and 15-year rates at 2.77%. Due to the coronavirus pandemic, 1 in 4 home sellers have changed the way the home is viewed. In The News: Freddie
Today’s News Synopsis: House flipping hits an 8 year high. Mortgage rates are at a record low with 30-year rates now at 3.29% and 15-year rates at 2.79%. The desire for millennials to buy a home is similar to that of the silent generation. In The News: Freddie Mac – “Mortgage Rates
Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win. Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year. Home prices increased
Today’s News Synopsis: Mixing humor with marketing. Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.45% and 15-year rates at 2.95%. However, they may not hit an all-time low. What is the best time to list your property? In The News: Zillow – “Listing in Early
Today’s News Synopsis: How are millennials affording homes without their parents’ help? Mortgage rates changed very little with 30-year rates now at 3.49% and 15-year rates at 2.99%. Foreclosure activity increased 13% last month, marking the second month in a row to see an increase in foreclosures. In The News:
Today’s News Synopsis: Low mortgage rates won’t help home buyers much. Home prices increased 7% last month as housing supply decreased by 7%. Mortgage rates increased slightly with 30-year rates now at 3.47% and 15-year rates at 2.97% In The News: Freddie Mac – “Mortgage Rates Tick Up Slightly” (2-13-2020)
Today’s News Synopsis: What are the most favorable markets for tech expansion? The fourth quarter saw an 8.8% increase in new home sales, the biggest increase in over two years. Where are the best places to live in 2020? In The News: Redfin – “New-Home Sales Surge in the Fourth Quarter
The Norris Group 1845 Chicago Avenue, Ste C, Riverside, CA 92507
Tel: (951) 780-5856 Fax: (951) 780-9827
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Phone: (951) 780-5856
Fax: (951) 780-9827
Location: 1845 Chicago Avenue, Ste. C Riverside, CA 92507
