Never Utter These 5 Things When Closing on a Home
When you sit down to close on the purchase of a new home it is not the time to get chatty with the sellers or the title company. In fact, there are some things…
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Mortgage Loan Rates Ticked Lower, Applications Rose 3% Last Week
Mortgage loan rates mostly moved lower last week, but remain in a narrow band around 4%. The lower rates resulted in more applications for both new and refinance loans.
Early-Stage Mortgage Delinquencies Around 17-Year Low
Early-stage mortgage deliquencies (30 to 60 days past due) are hovering around 17-year lows and transition rates for current to past due continue to decline.
What Home Buyers Are Looking For and Where They’re Finding It
The search for a new home, especially among first-time buyers, has a lot of moving parts. Finding an agent, collecting the paperwork needed to get a mortgage, finding a lender, the list might seem…
6 Tips to Help You Sell Your House — Fast
Once you decide to put your house on the market, you want to sell it as quickly as possible in order to get the best price. Here are six pro tips to help you…
Mortgage Loan Rates Ticked Up Last Week, Applications Fell
Applications for new mortgage loans fell last week as interest rates remained unchanged on 30-year fixed rate mortgage loans. Rates rose on three types of loans while remaining the same on 15-year fixed rate…
Housing Companies Stand Strong Despite Big Construction Spending Disappointment
The Commerce Department reported that construction spending was down in June. What was surprising was that the key exchange traded funds tracking homebuilders reacted favorably to the report.
CoreLogic Home Price Index Rises Nearly 7% Again in June
Housing prices rose by more than 6% year over year in June, according to the latest housing price index from CoreLogic. The housing inventory for sale is at a 30-year low.
Pending Home Sales End 3-Month Slide in June
Pending home sales in the month of June rose, the first increase in four months, according to the National Association of Realtors. Scarce inventory of homes for sale continues holding prices up.
7 Dumb Mistakes to Avoid When Buying a Home
Buying a home is a big deal and can get complicated fast. If you can avoid these seven common mistakes, you have a better chance of getting the home you want without unnecessary headaches.
Redfin Closes in on IPO
Real estate broker Redfin expects to price more than 9 million shares in a range that results in an initial public offering valued up to more than $148 million.
Mortgage Loan Rates Dipped Last Week; Applications Ticked Higher
The Mortgage Bankers Association reported this morning that applications for new mortgage loans rose less than 1% week over week. Mortgage loan rates dropped a little and remain right around July lows.
Q2 Mortgage Fraud Risk Remains High; Buffalo, New York Up 54%
Second-quarter mortgage fraud risk was up 20 index points year over year, flat with first-quarter year-over-year growth.
May FHFA Home Price Index Rises Less Than Expected
U.S. house prices rose slightly month over month in May, according to the Federal Housing Finance Agency. House prices rose more between May 2016 and May 2017.
May Home Prices Continue Strong: Case-Shiller
The Case-Shiller national home price index gained more than 5% in May and posted its sixth consecutive all-time high.