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Saturday, October 24, 2020

Jumbo Mortgage Rates Are No Longer the Cheape...

Record-low interest rates are helping home buyers lock in years of savings on future mortgage payments. But those searching for larger homes or in expensive markets aren’t reaping the same rewards. ...

May U.S. Home Sales Dropped 9.7% as Pandemic ...

Sales of previously owned homes dropped 9.7% in May from the prior month, as the coronavirus pandemic kept shoppers indoors during the typically busy spring homebuying season. But record-low intere...

U.S. Market Enjoys Record 44 Percent Spike in...

According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on ...

U.S. Single-Family Rents rise fast

According to CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and among 20 metropolitan areas, a national rent increase of 2.9% year over ...

U.S. Commercial Investment Capital Outflows N...

With the longest recorded global economic expansion, foreign commercial property investors are now facing an increasingly complex equation to find cost-ffective opportunities for potential downtur...

High Cost of Wildfire Insurance Hurts Califor...

Home sales are slowing in wildfire-prone areas of California as insurers retreat from high-risk regions, say real-estate agents and homeowners. Insurance companies have continued to reduce their wi...

Mortgage Applications in U.S. Spike 30% in mi...

The Market Composite Index, a measure of mortgage loan application volume, increased 30.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 67 p...

U.S. Home Prices Forecasted to Increase 5.4 P...

According to CoreLogic's latest Home Price Index for October 2019, U.S. home prices rose both year over year and month over month. Home prices increased nationally by 3.5% from October 2018. On a mont...

Mortgage Applications in U.S. Increase in Mid...

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 11, 2019, U.S. mortgage applications increased 0.5 percent from one week earlier....

That Superlow Mortgage Rate? It Could Be Even...

Interest rates have been plummeting, but the cost of taking out a mortgage hasn’t fallen as fast. Falling rates are usually a boon to the housing market, since that typically lowers the interest ra...