Older Americans May Face Ugly Housing Choices
As the boomer generation gets older, the time is now to deal with new kinds of housing demands from older Americans who are on track to account for nearly a quarter of the U.S.…
As the boomer generation gets older, the time is now to deal with new kinds of housing demands from older Americans who are on track to account for nearly a quarter of the U.S.…
Applications for new mortgage loans rose just slightly last week as mortgage interest rates popped higher. Volatility in the mortgage market is making it difficult for borrowers to lock-in a low rate.
Rising home prices are boosting homeowners' equity and keeping delinquent loan totals at 20-year lows.
Mortgage loan rates on a 30-year fixed-rate loan dropped last week and home mortgage refinancing posted a second consecutive double-digit increase.
Applications for new mortgage loans rose last week both as a response to slightly lower interest rates and a sharp increased in mortgage refinancing.
Much of the conversation around the problem of vacant homes involves abandoned houses in America's cities, particularly old urban areas that have lost population and experienced increased poverty levels over the past several decades.
These two homebuilder stocks have solid upside to their respective targets. If mortgage rates continue to fall the rest of 2019 and next year, sales should continue to move higher, possibly much higher.
Mortgages loans for new purchases and refinancings dropped sharply last week as mortgage interest rates climbed.
Home price increases rose 2% year over year in July, slightly slower than the 2.1% increase posted in June, according to the latest S&P CoreLogic Case-Shiller national home price index.
August sales of existing homes rose by 1.3% month over month and by 2.6% year over year as low mortgage interest rates lured more buyers into the market.
New home construction rose by nearly 8% month over month in August and by 12% year over year.
Mortgage loan rates rose last week as demand for U.S. Treasury notes slipped and yields rose. Applications for new mortgages were flat and refinancings also dipped week over week.
Experts had expected home builder sentiment to drop rather than rise in September. It is easy to assume that low interest rates are helping builders be more confident, but some concerns were noted.
Is a residential building in New York City 95 stories tall, or is it 86 stories? Some are not as tall as the builders say they are.
Across the country, rapid home-price growth and low inventories of affordable housing have been making it harder for prospective homebuyers, especially millennials.