Will Rates Go Down in July 2023?
With the economy likely heading into a recession, it’s possible we’ve already seen the peak of this rate cycle. Of course, rates are volatile
Mortgage Demand Is On The Rise
The recent softening in house prices may be helping homebuyers swallow higher rates. Despite a rise in rates, demand for mortgages rebounded.
What’s Ahead for Home Sales and Prices?
Pending Home Sales fell 4% from October to November, marking the sixth straight monthly decline. Sales were also 37.8% lower.
Mortgage Applications Rise For First Time In 6 Weeks
Mortgage applications to purchase a home increased 1% for the week, but were 30% lower than the same week one year ago.
Home Prices Fell For First Time in 3 Years
Home prices declined 0.77% in June, the first monthly decline in nearly 3 years and the largest single-month decline since January 2011.
Home Price Appreciation Keeps Rising
Consumer demand coupled with low residential inventory creating one of the hottest housing markets in decades last year.
3 Predictions for the 2022 Housing Market
Homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth?
Millennials Are Ready To Take Over The Real Estate Market
Over the last several years, millennials have rented to stay nimble and keep work opportunities open. Now, they’re ready to buy.
Is a Housing Market Crash Possible in 2021?
With the real estate market experiencing surging prices, scant inventories and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down—in other words, are we headed for another housing market crash similar to what happened in 2008?
What FICO Score Do You Need for a Mortgage?
As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. However, many buyers may be surprised by the options that are still available for borrowers with lower credit scores.