A recent Survey of Consumer Finances study released by the Federal Reserve reveals
Should I Buy Now? Or Wait Until Next Year?
The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of
The Cost of NOT Paying PMI
Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live.
There is a common misconception among homebuyers that a 20% down payment is required,
25% of Homes with a Mortgage are Now Equity Rich!
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising
Lack of Listings Slowing Down the Market
As the real estate market continues to move down the road to a complete recovery, we see home values and home sales increasing while distressed sales (foreclosures and short sales) continue to fall to their lowest points in years. There is no
Homes are More Affordable in 44 out of 50 States
With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare housing affordability today to the average affordability
It’s easier to get a mortgage in 2018, according to a new study
Looser mortgage qualifying guidelines by Fannie Mae and Freddie Mac over the past few years are beginning to have an impact on mortgage loan applications this year. An analysis published this month by CoreLogic of conventional
Mortgage rates fall for the second week in a row
Mortgage rates moved lower again this week, only the second time this year that rates have fallen in back-to-back weeks.
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.54
What 2017 Can Teach You About Buying a House in 2018
Looking to buy a home in 2018? Use highlights from Trulia’s research on 2017’s home buying trends to help you make the smartest moves.
Trulia’s economics research team has spent the year digging into exactly what’s going on out there: How quickly deals are being done, who’s making them, how many are falling through. We looked into where the market has recovered, and where
5 Reasons Why to Sell This Summer!
Here are five reasons listing your home for sale this summer makes sense.
1. Demand Is Strong
The latest Buyer Traffic Reportfrom the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the