Today’s mortgage and refinance rates Average mortgage rates fell modestly yesterday. That’s great. But the previous two days’ sharp rises mean the benefit of the most recent drop is limited. […] Continue reading
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The ‘Lumber Bubble’ May Have Just Burst
Prices have plunged 12% to new 2022 lows, and many housing analysts believe prices will continue to moderate. Continue reading….
Where Finding a New Home May Be Easiest
Cities in the Sun Belt region lead the nation in home starts as buyers from costlier areas of the country flock to the South. Continue reading….
Signs of Widespread Buyer Regret Emerge
Recent home buyers say they felt rushed to make a purchase decision due to market pressure and have concerns about their mortgage, a new study shows. Continue reading….
Mortgage Rates Hold Mostly Flat This Week
The interest rate for the 30-year fixed-rate mortgage averaged 5.09% this week, continuing to inch down slightly. Continue reading….
REALTOR® Volunteer Days Kick Off This Weekend
Real estate professionals, brokerages, and REALTOR® associations are joining in a week-long nationwide effort to give back to their communities. Continue reading….
Mortgage and refinance rates today, June 2, 2022
Today’s mortgage and refinance rates Average mortgage rates rose sharply again yesterday. And you now have to go back to May 9 to find higher average rates. In other words, […] Continue reading
Are More Zombie Homes Haunting the Market?
Vacant “zombie” properties are rising as foreclosure activity increases across the country. Equity may help homeowners reverse the trend. Continue reading….
Americans Feel Squeeze From High Inflation
Older adults are delaying retirement, and more than a third of consumers who earn $250,000 a year say they are living paycheck-to-paycheck. Continue reading….
Mortgage Applications Are Falling
Overall mortgage demand—which includes refinancings and home purchases—has fallen to its lowest level since 2018. Continue reading….