Tag Archives: Ruben Gonzalez

30-year mortgage rates hit lowest point in 50-year history

By Patrick Kearns | March 5, 2020 - 9:05 pm |March 5, 2020 Uncategorized

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The average 30-year mortgage hit an all-time low of 3.29 percent this week, according to data from Freddie Mac. Continue reading →

Fed lowers interest rates again. Will mortgage rates follow?

By Patrick Kearns | September 18, 2019 - 6:18 pm |September 18, 2019 Uncategorized

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Economists and agents offered different opinions on how the second rate cut of the year will impact the housing market overall. Continue reading →

The top 5 takeaways from the real estate industry’s Q2 earnings

By Patrick Kearns | August 14, 2019 - 4:37 pm |August 14, 2019 Uncategorized

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Zillow business shifts, Wall Street’s thoughts on profitability and a slow housing market were the biggest topics over the past two weeks. Continue reading →

Fed cuts interest rates: What it means for the housing market

By Patrick Kearns | July 31, 2019 - 6:02 pm |July 31, 2019 Uncategorized

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The U.S. Federal Reserve announced Wednesday it would cut interest rates for the first time since a recession hit the U.S. economy in 2008. Continue reading →

Pending home sales down annually for 17th straight month

By Patrick Kearns | June 27, 2019 - 2:16 pm |June 27, 2019 Uncategorized

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The Pending Home Sales Index ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels. Continue reading →

Annual home price gains continue to slow down in April: Case-Shiller

By Patrick Kearns | June 25, 2019 - 1:17 pm |June 25, 2019 Uncategorized

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Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to Case-Shiller. Continue reading →

Home prices continued to grow at sluggish pace in January

By Veronika Bondarenko | March 26, 2019 - 1:19 pm |March 26, 2019 Uncategorized

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The price of an average home in the U.S. rose 4.3 percent year-over-year in January, falling from 4.7 percent in December, according to Case-Shiller. Continue reading →

Home price growth slows across the country

By Marian McPherson | January 29, 2019 - 3:58 pm |January 29, 2019 Uncategorized

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Blitzer says despite declining sales, the overall economy is strong — offering some solace to economists worried about a looming housing and economic crisis similar to that of 2008. Continue reading →

Existing-home sales decline in December after 2 months of gains

By Patrick Kearns | January 22, 2019 - 3:18 pm |January 22, 2019 Uncategorized

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Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains. Continue reading →

Existing home sales up in October, ending 6-month slide: NAR

By Patrick Kearns | November 21, 2018 - 3:16 pm |November 21, 2018 Uncategorized

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Existing home sales ended a six-month skid in October, climbing 1.4 percent from September. Despite the monthly gain, sales were still down 5.1 percent year over year. Continue reading →