mortgage rates

NAR To Roll Out Pocket Listing Policy On Track

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 released the results of its Primary …

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How to Reach Out To Your Neighbors Who Need It

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 Survey® (PMMS®), showing that the 30-year …

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Home Construction Divided By Political Parties

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 4% year-over-year according to CoreLogic. …

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Co-Buy or No Buy

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: Freddie Mac – “Little Change in …

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Refi’s Boom But Home Buyers Don’t Reap The Same Benefits

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) “Freddie Mac (OTCQB: FMCC) today released …

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