Tag Archives: mortgage rates

Yun: ‘Flashing Yellow Lights on Affordability’

Posted on June 27, 2016 by Erin Johnston

Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading →

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The Buyers Are Coming

Posted on May 25, 2016 by Erin Johnston

Daily Real Estate News | Wednesday, May 25, 2016 Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a … Continue reading →

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Mortgage Rates Drop to 3-Year Lows

Posted on May 16, 2016 by Erin Johnston

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading →

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NAR: Home Prices Maintain Strong Growth

Posted on May 9, 2016 by Erin Johnston

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading →

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Fed Leaves Rates Alone: What This Means for Mortgages

Posted on March 17, 2016 by Erin Johnston

Daily Real Estate News | Thursday, March 17, 2016 The Federal Reserve announced Wednesday that it will not raise interest rates as quickly as they had originally anticipated. The Fed dimmed its outlook as the economy showed signs of slowing. … Continue reading →

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Mortgage Rates Reverse Course, Inch Higher

Posted on March 4, 2016 by Erin Johnston

Daily Real Estate News | Friday, March 04, 2016 For the first time in two months, mortgage rates edged higher this week. “Treasury yields approached their highest level in a month, boosting the 30-year mortgage 2 basis points this week … Continue reading →

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4 Must-Know Tips for Buying, Selling in 2016

Posted on January 29, 2016 by Erin Johnston

Daily Real Estate News | Friday, January 15, 2016 What do buyers and sellers need to know to be smart about the housing market in 2016? “The 2016 housing market is forecasted to be mainly a seller’s market, filled with … Continue reading →

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Market Unrest Pushes Down Mortgage Rates

Posted on January 22, 2016 by Erin Johnston

Daily Real Estate News | Friday, January 22, 2016 For the third consecutive week, mortgage rates edged down, with the 30-year fixed-rate mortgage continuing its run below 4 percent, Freddie Mac reports in its weekly mortgage market survey. “The Freddie … Continue reading →

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5 Real Estate Trends That Will Dominate 2016

Posted on December 22, 2015 by Erin Johnston

Daily Real Estate News | Tuesday, December 22, 2015 This year may have marked the best for housing since 2007, but the market will likely get even rosier in 2016, according to a recent real estate forecast by realtor.com®. One … Continue reading →

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