Tag Archives: Sales

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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Watch for These Open House Red Flags

Posted on April 12, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, April 12, 2017 How fast can you pick out signs of deferred maintenance in a listing? Realtor.com® recently spotlighted several red flags to watch for at an open house. Intense scents. The stronger the … 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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Pending Home Sales Leap 5.5% in February

Posted on March 29, 2017 by Debbie Prosser

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable … 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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Buy vs. Rent Index Says ‘Buy’

Posted on March 10, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 10, 2017 The escalating costs of renting are making it a better time to purchase a home in most cities across the country, according to the Florida Atlantic University and Florida International University’s … Continue reading →

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How Will Housing Fare Over the Next Decade?

Posted on March 6, 2017 by Debbie Prosser

Daily Real Estate News | Monday, March 06, 2017 Your 10-year outlook: Expect business to get busier, but be ready for some major demographic shifts in housing. Housing demand over the next decade will be significantly higher than it is … Continue reading →

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Mortgage Rates Move Lower This Week

Posted on March 3, 2017 by Debbie Prosser

Daily Real Estate News | Friday, March 03, 2017 Mortgage rates broke a monthlong holding pattern and inched lower this week. “The 10-year Treasury yield remained relatively flat this week, while the 30-year mortgage rate fell 6 basis points to … Continue reading →

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