Tag Archives: data

Fewer New Homes in Pipeline Pushes Up Prices

Posted on April 19, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, April 19, 2017 Nationwide housing starts dropped in March, despite continued high buyer demand, which is adding pressure to overall home prices. Housing starts for single-family and multifamily homes dropped 6.8 percent in March … Continue reading →

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Mortgage Rates Set a New 2017 Low This Week

Posted on April 14, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading →

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Court: Fair Housing Protects LGBT People

Posted on April 10, 2017 by Debbie Prosser

Daily Real Estate News | Monday, April 10, 2017 For the first time, a federal judge has ruled that provisions in the Fair Housing Act protect against LGBT discrimination. The law states that it is illegal to refuse to rent … Continue reading →

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Mortgage Rates Surprise By Nearing 2017 Low

Posted on April 7, 2017 by Debbie Prosser

Daily Real Estate News | Friday, April 07, 2017 The 30-year fixed-rate mortgage dropped lower for the third consecutive week and neared its low for 2017, Freddie Mac reports in its weekly mortgage market survey. “The 10-year Treasury yield was … Continue reading →

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Millennials Want Home Equity Access

Posted on April 4, 2017 by Debbie Prosser

Daily Real Estate News | Tuesday, April 04, 2017 Homeowners are tapping into equity at the fastest rate in eight years, thanks to rising home prices. And millennials are leading the pack of those who are cashing in. In 2016, … Continue reading →

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Mortgage Rates Got Cheaper This Week

Posted on March 31, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 31, 2017 For the second consecutive week, average mortgage rates fell, lowering the borrowing costs of buyers. “The 10-year Treasury yield remained relatively flat this week,” says Sean Becketti, Freddie Mac’s chief economist. … Continue reading →

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How a Smart Home Is at Risk

Posted on March 23, 2017 by Debbie Prosser

Daily Real Estate News | Thursday, March 23, 2017 Smart homes can be susceptible to viruses, if homeowners aren’t careful. Many smart home devices are vulnerable, security experts say. A flood of inexpensive security cameras, thermostats, and other internet-connected devices … Continue reading →

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Borrowers Face Higher Mortgage Rates

Posted on March 17, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 17, 2017 For the second consecutive week, mortgage rates were on the rise. “As expected, the [Federal Reserve’s Federal Open Market Committee] announced its first rate hike of 2017 and hinted at additional increases … Continue reading →

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What Do Real Estate Pros Look for When It’s Their Turn to Buy?

Posted on March 16, 2017 by Debbie Prosser

What you really need to know about buying — from the people who house hunt for a living. Take the long view when you’re buying, says Chicago agent Pekarsky. He plans to start a family in a few years, so … Continue reading →

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