Homeowners slam brakes on refinancing as mortgage rates rise
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight. Continue reading
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight. Continue reading
Even though most Americans think that sellers have the upper hand, two-thirds say they’d buy a home rather than rent if they were going to move. Continue reading
Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading
With plenty of cash and high incomes, young professionals from bustling metros have made a big imprint on the sleepy ski town of Bend, Oregon. Continue reading
Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading
Are rising housing prices a bad thing? Consumers think so. It’s critical real estate agents agents understand and can explain what that means for clients, the industry and the economy. Continue reading
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported. Continue reading
In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading
U.S. home prices rose 1.4 percent between June and July 2021, and 19.2 percent year over year, according to a price index released Tuesday by the Federal Housing Finance Agency. Continue reading
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading