Tag Archives: mortgage rates

Inventory insanity: When will this supply shortage end?

By Jim Dalrymple II | April 15, 2021 - 9:00 am |April 15, 2021 Uncategorized

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Today’s extremes won’t last forever, but there’s no silver bullet to end the crisis, and it’s likely shortages in some form will drag on for years. Continue reading →

Opendoor expands homebuying pool to meet booming demand

By Marian McPherson | April 13, 2021 - 3:29 pm |April 13, 2021 Uncategorized

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The iBuyer revised its purchase requirements to include pricier homes, older homes and homes in age-restricted and gated communities. Continue reading →

Mortgage rates reverse course, dropping for first time in 2 months

By Kelsey Ramírez | April 8, 2021 - 2:53 pm |April 8, 2021 Uncategorized

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After seven weeks of consecutive increases in mortgage rates, Freddie Mac’s most recent survey shows a decrease, giving borrowers the chance to refinance. Continue reading →

HUD sends $690M to states for affordable housing

By Andrea V. Brambila | April 8, 2021 - 1:06 pm |April 8, 2021 Uncategorized

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The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading →

Mortgage rates unphased by Biden infrastructure plan

By Matt Carter | April 1, 2021 - 4:35 pm |April 1, 2021 Uncategorized

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Upward pressure on rates still expected in the long term. Continue reading →

Pending-home sales fall 10.6%

By Lillian Dickerson | March 31, 2021 - 2:27 pm |March 31, 2021 Uncategorized

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Pending-home sales also declined on an annual basis for the first time in eight consecutive months, according to the National Association of Realtors. Continue reading →

New home sales hit 9-month low in February

By Lillian Dickerson | March 23, 2021 - 8:15 pm |March 23, 2021 Uncategorized

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February’s seasonally adjusted annual rate of 775,000 was down 18.2 percent from January’s revised rate of 948,000. Continue reading →

5 ways the pandemic mortgage boom has changed the market

By Marian McPherson | March 16, 2021 - 5:05 pm |March 16, 2021 Uncategorized

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Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today’s consumers. Continue reading →

Mortgage rates remain flat but could go lower this year

By Patrick Kearns | April 9, 2020 - 3:57 pm |April 9, 2020 Uncategorized

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The average rate for a 30-year, fixed-rate mortgage is at an all-time low, but it could drop further if the economy stabilizes. Continue reading →

Share of first-time buyers reaches highest peak since 1993

By Marian McPherson | March 18, 2020 - 4:48 pm |March 18, 2020 Uncategorized

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According to a market report by Genworth Mortgage Insurance, the number of first-time homebuyers exceeded 2 million for the third consecutive year. Continue reading →