Share of first-time buyers reaches highest peak since 1993

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

Fed cuts interest rate to nearly zero. What does it mean for real estate?

Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability aren’t the only thing impacting the housing market. Continue reading

California Realtors expect coronavirus to lower housing market forecast

Agents are mixed on whether and how COVID-19 will impact their business. Continue reading

Real estate agents: Stop advertising mortgage rates

Given the recent volatility with mortgage interest rates, real estate agents need to remember best practices in regards to advertising, which can include posting about rates on social media. Here are a few things to keep in mind so that you don’t get y… Continue reading

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

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

Mortgage rates plummeting amid Coronavirus outbreak fears

Matthew Speakman, an economist with Zillow, said a worsening of the virus outbreak could drive mortgage rates even lower. Continue reading