mortgage rates

Not So Much

Today’s News Synopsis: Are homes still selling above list price?  Mortgage rates decreased for the third week in a row with 30-year rates now at 3.45% and 15-year rates at 2.97%.  According to ATTOM Data Solutions, U.S. Homeowners are four times more likely to be equity-rich than underwater. In The News: Freddie Mac – “Mortgage Rates …

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Time To Put Those Walking Shoes To Good Use

Today’s News Synopsis: Could walkability increase the value of a home?  Mortgage rates continue to decline with 30-year rates now at 3.51% and 15-year rates at 3%.  Las Vegas is the most popular destination for people looking for homes. In The News: Freddie Mac – “Mortgage Rates Continue to Drop” (1-30-2020) “Freddie Mac (OTCQB: FMCC) today released …

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The Average National Credit Score Is Over 700 For The First Time EVER!

Today’s News Synopsis: Why does your credit score matter….so much?  The average U.S. home seller profits were at another high at $65,000 in 2019.  Mortgage rates decreased to their lowest in three months with 30-year rates now at 3.6% and 15-year rates at 3.04%. In The News: Freddie Mac – “Mortgage Rates Drop to Lowest Level …

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2020 is here. Welcome to the Year of the ADU!

Today’s News Synopsis: Happy New Year!  Pending home sales increased 1.2% in November according to the National Association of Realtors.  Freddie Mac reported mortgage rates decreased slightly with 30-year rates now at 3.72% and 15-year rates at 3.16%. In The News: Forbes – “2020: The Year Of The ADU” (1-2-2020) “Accessory dwelling units (ADUs) should get …

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Make It Cozy and Bright

Today’s News Synopsis: Want to throw a rockin holiday-themed open house?  Existing-home sales decreased 1.7% in November according to the National Association of Realtors.  Mortgage rates remained flat with 30-year rates at 3.73% and 15-year rates at 3.19%. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (12-19-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary …

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Nope, At Least According To This Report

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 results of its Primary Mortgage Market …

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They Have Only Begun To Disrupt

Today’s News Synopsis: House-flipping is just the start of Zillow’s evolution.  Mortgage rates fell back this week with 30-year rates now at 3.66% and 15-year rates at 3.15%.  Existing home sales increased by 1.9% last month according to the National Association of Realtors. In The News: Freddie Mac – “Mortgage Rates Rescind” (11-21-2019) “Freddie Mac (OTCQB: FMCC) …

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Just To Make Rent

Today’s News Synopsis: Younger renters and parents sacrifice more…Mortgage rates increased with 30-year rates now at 3.75% and 15-year rates at 3.2%.  New home sales increased by 5.6% in the third quarter according to Redfin. In The News: Freddie Mac – “Mortgage Rates Tick Up” (11-14-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market …

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