For Week Ending February 1, 2020 A newly released report from the U.S. Census Bureau shows in Q4 2019 the national homeownership rate rose to 65.1%. This is the highest level since Q3 2013 when the homeownership rate was 65.3%. … Continue reading →
For Week Ending January 25, 2020 CoreLogic’s latest Single-Family Rent Index report saw the cost of renting single-family homes, including condos, up 3% in November 2019 compared to November 2018. According to the report, rent prices started climbing in 2010 … Continue reading →
For Week Ending January 18, 2020 The Mortgage Bankers Association reported that applications for home purchases rose 16% last week, reaching its highest level since 2009. Applications to refinance also grew, increasing a stunning 43% last week and are 109% … Continue reading →
For Week Ending January 11, 2020 Freddie Mac reported that the average 30-year fixed-rate mortgage dropped to 3.64% this week, the lowest level in three months and down from 4.45% one year ago. Additionally, conforming and FHA loan limits have … Continue reading →
For Week Ending January 4, 2020 With the start of the New Year, the real estate market turns more active across mostof the country. Sellers connect with agents, resulting in a pop of new listings, followed by renewed interest by … Continue reading →