Tag Archives: national association of realtors

New Mortgage Rules Soften Loan Demand

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading

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Savings Have Dried Up for Most Americans

Daily Real Estate News | Monday, October 12, 2015 Here’s why saving for a down payment on a home purchase is a growing challenge for many Americans: About 62 percent of Americans have less than $1,000 in their savings accounts, … Continue reading

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For 10 Weeks, Mortgage Rates Stay Below 4%

Daily Real Estate News | Friday, October 02, 2015 Thirty-year fixed-rate mortgages continue to hold below 4 percent, often an attractive lure for home buyers and refinancers. “In contrast to the volatility in equity markets, the 10-year Treasury rate — … Continue reading

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Advantage: Home Buyers?

Daily Real Estate News | Wednesday, September 30, 2015 The residential real estate market has “clearly shifted in favor of buyers,” says Jonathan Smoke, realtor.com®’s chief economist, in his latest analysis of housing data from the first three weeks of … Continue reading

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7 Reasons to Own Your Home

  Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home. Appreciation. Real estate has long-term, stable growth in … Continue reading

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Fall Maintenance Checklist

By: John Riha You’ll be ready for winter’s worst and head off expensive repairs when you complete this checklist of 10 essential fall maintenance tasks. 1. Stow the mower. If you’re not familiar with fuel stabilizer, you should be. If … Continue reading

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Owners Overvalue Homes by Larger Margin

Daily Real Estate News | Wednesday, September 09, 2015 For the seventh consecutive month, the gap has widened between what home owners say their home is worth compared to what appraisers say, according to Quicken Loans’ August 2015 Home Price … Continue reading

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Mortgage Rates Edged Higher This Week

 Daily Real Estate News | Friday, September 04, 2015 The 30-year fixed-rate mortgage averaged 3.89 percent this week, up slightly from 3.84 percent last week, on the heels of global economic turmoil and a lack of new information on The … Continue reading

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Pending Home Sales Inch Forward in July

WASHINGTON (August 27, 2015) — Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on … Continue reading

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