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Thursday, April 25, 2024

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...

Mortgage Rates Fall Slightly in Sept.

Mortgage rates moved lower after two straight weeks of increases, which should allow the housing market to remain strong as we shift into the typically slower fall months. The 30-year fixed-rate mo...

Trump Reducing the Size of Loans

People Can Get Through FHA Cash-Out Refinancing The Trump administration is reducing how much home equity mortgage borrowers can withdraw through cash-out refinances. Starting Sept. 1, the Federal...

U.S. Mortgage Debt Hits Record High

Since 2008 financial crisis, U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded. Mortgage balances rose by $162 billion in the secon...

U.S. Mortgage Rates Decline to 3-Year Low in ...

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage rate in the U.S. averaged 3.55 percent, the lowest it has been since November 2016. Sam Khater, Fredd...

Foreclosure Activity in U.S. Down 19 Percent ...

Attom Data Solutions is reporting this week that there were 51,056 U.S. properties with foreclosure filings in July 2019, down 19 percent from June 2019 and down 21 percent from a year ago. Nationally...

Record Setting 49 Million Americans to Travel...

The American Automobile Association (AAA) is forecast this week that a record-setting 49 million Americans are planning an Independence Day getaway this year. Overall travel volume for the holiday is...

Will the Mortgage Rates fall from here?

Mortgage Rates for home credits were blended, yet remained close ongoing lows, even as security market moves propose another huge advance down lies ahead. The 30-year fixed-rate home loan found the...

AIA’s ABI remains flat in U.S.

AIA's Architecture Billings Index (ABI) score for May 2019 demonstrated a little increment in configuration administrations at 50.2, which is somewhat down from 50.5 in April. Any score over 50 demons...

Buying a New Home is more difficult for Home ...

Looking for and purchasing a house is an overwhelming procedure for anybody, however Zillow research demonstrates that for guardians the burdens are amplified. To get into their new home, guardians li...