Tag Archives: News

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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Sellers Net Highest Profit in a Decade

Daily Real Estate News | Monday, July 31, 2017 Home sellers in the second quarter of this year sold their properties for an average $51,000 more than they paid for them when they bought them. That’s the highest price gain … 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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4 Things Home Inspectors Don’t Often Check

Daily Real Estate News | Wednesday, July 05, 2017 Most home inspectors carefully scrutinize a house from top to bottom, many with checklists that contain more than 1,600 features to evaluate. But some items require a specialist for a more … Continue reading

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10 Biggest Threats Facing Real Estate

Daily Real Estate News | Friday, June 16, 2017 Global uncertainty and political polarization are the top issues facing the housing industry in 2017 and 2018, according to The Counselors of Real Estate’s annual list of the Top 10 Issues … Continue reading

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Existing Home Sales Rise 1.1% in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on … Continue reading

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