30 second update: Fed Cuts Interest Rates: How It Affects You!
On October 30th, the Federal Open Market Committee lowered its benchmark funds rate by 25 basis points to a range of 1.5% – 1.75%, which is…
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Consumer Demand Helps Create Equity
According to the Federal Housing Finance Agency (FHFA), single family homes purchased with conforming mortgages across the nation increased…
Read more30-Second Update: Homebuilder Confidence Surges to Highest Level in Two Years
According to the National Association of Home Builders (NAHB) Housing Market Index, builder confidence on single family properties surged th…
Read moreHousing News Continues to Show Health
The Case-Shiller Home Price Index, which is for the month of July, showed that homes across the nation appreciated over the last twelve mont…
Read more30-Second Update: Freddie Mac Forecasts Strong Fall Housing Market
Due to strong August and September housing numbers, Freddie Mac has forecasted that the housing market will maintain its strength well in in…
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The New Home Sales report was just released showing that newly constructed homes with committed buyers increased by 47,000 units to 713,000…
Read more30-Second Update: Home Sales Rise to 17-Month High!
According the National Association of Realtors (NAR), U.S. home sales rose to a 17-month high in the month of August, up 1.3% from the previ…
Read more30 Second Update: Week of September 16th, 2019
According to the National Association of Home Builders (NAHB), from April to June, 55% of home shoppers who were actively seeking to purchas…
Read moreHealthy Market Conditions Continue
Mortgage application data just came in from the Mortgage Bankers Association, and refinances dropped slightly for the week by 8%, but are st…
Read moreMortgage Applications Continue to Increase!
Mortgage Application are on the rise. The Mortgage Bankers Association released their weekly mortgage data and mortgage applications jumped…
Read more30 Second Update: Mortgage Rates Hit 3-Year Lows/Demand for Housing Increasing
According to Mortgage News Daily, for the week ending August 2nd, rates on 30-year fixed mortgages have reached 3-year lows. Current rates…
Read morePending Home Sales are Still Strong and Homes Continue to Appreciate
The National Association of Realtors (NAR) reported that Pending Home Sales, which reports on signed contracts, has increased from 1.1% to 2…
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