Tag: Real Estate

Mortgage Rates Rise again this week   Mortgage rates have slowly been inching up over the past month, but they remain below their levels a year ago. “Despite the recent rise in mortgage rates, both existing- and new-home sales continue to show strength—indicating the lagged effect of lower rates on housing demand,” says Sam Khater, …

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Latest Housing Forecast Economists are sounding more upbeat toward the housing market this year. Realtor.com® has revised its 2019 housing forecast, reflecting optimism for a much stronger market. Lower mortgage rates are mostly behind the shifts in attitude. Realtor.com® economists are projecting mortgage rates to average 4.5 percent by the end of the year—nearly a …

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Builders See Different Paths to obtaining a home   Housing developers recognize the broad demand among home buyers for modestly priced new-construction homes but differ with consumers on how the nation should boost its supply of so-called “attainable” housing, according to a report from the Urban Land Institute. Developers say it’s worth limiting community amenities, …

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A smooth mortgage experience. What to expect! We want you to have the smoothest possible mortgage experience.  The important tips in the photo below can make a critical difference in helping to ensure your application is processed as quickly as possible.  As always, we are here to assist every step along the way. Keep All …

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Home Starts Fall to 2-Year Lows Housing starts continued to underperform in March, despite calls from the housing industry to build more to help inventory-starved markets. Total housing starts fell to a seasonally adjusted annual rate of 1.14 million in March, the lowest since May 2017, the Commerce Department reports. Starts are 14.2 percent lower …

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Mortgage Rates Rise Again For the third week in a row, mortgage rates inched upward, but economists were quick to reassure home buyers and potential refinancers that rates remain still remain well below year-ago averages. “After dropping dramatically in late March, mortgage rates have modestly increased since then,” says Sam Khater, Freddie Mac’s chief economist. …

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