Home Price Update
In September, home prices increased by 0.02% according to CoreLogic, slightly below the expected 0.1% rise. Year-over-year, prices are up 3.…
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Lending Tree Survey Breakdown
Lending Tree recently released a homeownership sentiment survey, and it showed that 83% of Americans say that they would rather own a home t…
Lee masDown Payment Assistance Programs Continue to Grow
As the 2024 year comes to a close, states are expanding down payment assistance (DPA) programs for first-time homebuyers. A report from Down…
Lee masMortgage Rates Have Risen Again, But Will They Stay There?
Mortgage rates in the U.S. have slightly risen again, reaching 6.49% on average for a 30-year fixed mortgage on October 16, 2024, after hitt…
Lee masPending Home Sales Post Biggest Increase Since 2021
U.S. pending home sales increased by 2% in the four weeks ending October 6, 2024, marking the biggest jump in three years. This uptick is dr…
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Precalifíquese Llame al 800-778-9044Home Prices Still Fairly Strong
CoreLogic, who provides data from multiple housing market segments, reported that home prices dropped by 0.1% in August, which was lower tha…
Lee masThe Fed Cut Rates, Now What?
Last week the Federal Reserve released their new policy statement, and they mentioned that they cut the Federal Funds Rate by 50 basis point…
Lee masHome Equity Increasing
CoreLogic released their Home Equity report, and it showed that people who own homes with mortgages, which is 62% of all homes, gained $1.3…
Lee masNationwide Surge in Home Mortgage Lending Marks Broad Recovery in Second Quarter of 2024
In the second quarter of 2024, U.S. home mortgage lending rebounded significantly, with a 23.2% quarterly increase, totaling 1.62 million mo…
Lee masGood News For First-Time Homebuyers
According to a recent analysis from Redfin, starter homes are a bright spot in the housing market as mortgage rates settle near a 15-month l…
Lee masUS Job Growth Far Weaker Than Originally Reported
Preliminary annual benchmark review of employment data from the Bureau of Labor Statistics (BLS) reveals that U.S. job growth over the past…
Lee masMortgage Applications Surge By 16.8%
In the week ending August 9, 2024, mortgage applications surged by 16.8% from the previous week, according to the Mortgage Bankers Associati…
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