Today’s News Synopsis: Where’s all the missing homes for sale? Mortgage rates increased slightly with 30-year rates now at 3.18% and 15-year rates at 2.62%. In some good news, jobless claims fell to their lowest since March to 1.9 million. In The News: Freddie Mac – “Mortgage Rates Tick Up Slightly” (6-4-2020) “Freddie Mac (OTCQB: …
Experts Say Don’t Worry. They Will Make It Out There In The Coming Years Read More »
Today’s News Synopsis: How to get the best mortgage rates. Due to the record number of borrowers in forbearance, what would happen when this ends? The Mortgage Bankers Association reported mortgage applications decreased 3.9% from last week. In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly Survey” (6-3-2020) “Mortgage …
Today’s News Synopsis: Getting a mortgage during the pandemic? Mortgage rates decreased again to another all-time low with 30-year rates now at 3.15% and 15-year rates at 2.62%. Despite an increase in foreclosure moratoriums, the amount of zombie properties holds steady. In The News: Freddie Mac – “Mortgage Rates Hit Another All-Time Low” (5-28-2020) …
There Are A Few Things Your Lender Wants You To Know Read More »
Today’s News Synopsis: Where are the most affordable places to find a home right now? Mortgage rates decreased this week with 30-year rates now at 3.24% and 15-year rates at 2.70%. Existing-home sales decreased last month according to the National Association of Realtors, dropping 17.8%. In The News: Freddie Mac – “Mortgage Rates Decrease” …
Today’s News Synopsis: Realtor.com shows us with markets remained strong even in the midst of the pandemic. Mortgage rates remained relatively the same, only up ticking slightly with 30-year rates now at 3.28% and 15-year rates at 2.72%. New home purchase applications decreased by 12% according to the Mortgage Bankers Association. In The News: …
Today’s News Synopsis: Which sector of the real estate industry is already doing business again, creating new features allowing people to sell their homes? Mortgage rates went up a little this week with 30-year rates now at 3.26% and 15-year rates at 2.73%. 77% of potential homeowners place to sell one the stay-at-home orders are …
Today’s News Synopsis: Could we see real estate markets bounce back in states easing up on lockdowns? Freddie Mac reported mortgage rates are at record lows with 30-year rates now at 3.23% and 15-year rates at 2.77%. Jobless claims have reached 30 million as a result of the pandemic. In The News: Freddie Mac – …
Today’s News Synopsis: Zillow reported an increase in the number of people looking for a home online from last year despite the drop in new home listings and sales. Mortgage rates increased slightly this week with 30-year rates now at 3.33% and 15-year rates at 2.86%. Less panic selling seems to be occurring as 3 …
Freeway Traffic May Be Down, But Online Traffic Isn’t Read More »
Today’s News Synopsis: A quarter of realtors reported homes are already being put under contract by buyers who never even saw the property. Mortgage rates are near their lowest on record with 30-year rates now at 3.31% and 15-year rates at 2.8%. What are five important charts to see right now showing what’s happening in …
What Does The House Look Like? Never Mind, I’ll Take It Read More »
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 …