Tag Archives: Mortgage

Loan Demand Gets a Lift From Rate Drop

Daily Real Estate News | Wednesday, August 09, 2017 Interest rates dropped last week, giving homeowners and home buyers more incentive to lock in a lower rate as they apply for a mortgage. Total mortgage application activity for home buying … Continue reading

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Mortgage Rates Aren’t Budging

Daily Real Estate News | Friday, August 04, 2017 Mortgage rates have mostly held steady the past few weeks, with the 30-year fixed-rate loan still averaging below 4 percent. “The 10-year Treasury yield was relatively flat this week, as was … Continue reading

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Fed Votes to Leave Key Rate Alone

Daily Real Estate News | Thursday, July 27, 2017 The Federal Reserve said on Wednesday that it will hold off on making any increases to its short-term interest rate, at least for a while longer. The Federal Open Market Committee … Continue reading

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Existing-Home Sales Retreat 1.8% in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an … Continue reading

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Mortgage Rates Push Above 4% Average

Daily Real Estate News | Friday, July 14, 2017 Average mortgage rates are moving up, posting increases for the second consecutive week. “After fully absorbing the sharp increases in Treasury yields over the past couple of weeks, the 30-year mortgage … Continue reading

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84% of Americans See Homeownership as Good Investment

 WASHINGTON (July 12, 2017) — According to the National Association of Realtors®’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out of 10 unmarried and non-white … Continue reading

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How Long Does It Take to Get a Mortgage?

Daily Real Estate News | Tuesday, June 13, 2017 Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to … Continue reading

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12M New Households, 1M Fewer Homeowners

Daily Real Estate News | Monday, June 12, 2017 What will it take to make homeownership a national priority? Despite the addition of about 11.8 million households between 2006 and 2016, there are roughly 1 million fewer homeowners today than … Continue reading

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House Votes to Repeal Key Aspects of Dodd-Frank

Daily Real Estate News | Friday, June 09, 2017 The House voted on Thursday, mostly along partisan lines, to roll back many of the banking rules under the Dodd-Frank Act of 2010, which increased regulatory oversight of financial institutions. Some … Continue reading

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