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Housing market remained strong in March with highest prices ever
...the National Association of Realtors. It was the highest median price since NAR began tracking in 1999. The median price, which includes existing single-family homes, townhomes, condominiums......

Today’s Mortgage Interest Rates: April 22, 2021—Mortgage Rates Fall To 2-Month Low
For the first time since early February, mortgage rates are falling, giving some borrowers another shot at sub-3% rates. The average rate on a 30-year, fixed-rate mortgage dropped 7 basis points......

2021: Building Momentum In The Construction Industry Post-COVID-19
...finally coming off the drawing boards and receiving funding. Amid an ongoing housing market boom , the construction industry added 110,000 jobs in March, recovering over 80% of the jobs lost......

Mortgage Rates Hit Levels Not Seen In Months
Mortgage rates have officially dipped below 3% again, hitting their lowest point since mid-February.  According to mortgage purchaser Freddie Mac, the average rate on 30-year, fixed loans......

March 2021 Existing-Home Sales Drop While Prices Continue to Climb
NAR released a summary of existing-home sales data showing that housing market activity this March declined 3.7% from February 2021. March's existing home sales reached a 6.01 million......

Instant Reaction: Mortgage Rates, April 22, 2021
Mortgage rates fell this week below 3%, following the downward trend of the 10-year Treasury yield. Freddie Mac reported today that the average rate on the 30-year fixed rate home loan......

U.S. sales of previously owned homes fall to a seven-month low
...economists called for a 6.11 million rate in March. Even though mortgage rates have begun inching up since the start of the year, borrowing costs remain historically low and that’s keeping......

Today’s Best Mortgage and Refinance Rates, April 22nd, 2021 | Most rates fall
National mortgage rates were mostly lower compared to a week ago. Rates for 30-year fixed, 15-year fixed and jumbo loans decreased, while rates for adjustable rate mortgages rose. Rates last......

Treasury demand pushes mortgage rates down, for now
With heightened demand for treasuries putting downward pressure on yields, mortgage rates fell for the third straight week, likely giving borrowers a short window to take advantage of sub-3%......

MBA Forecast: Purchase Originations on Pace to Increase 16% to Record $1.67 Trillion in 2021 Apr 22, 2021
...4% to a new record of $1.67 trillion in 2021. "The housing market is incredibly strong this year, with robust housing demand in nearly every part of the country, driven by the improving economy......

30-year mortgage rate slips below 3% in Freddie Mac report
...With the U.S. economy sagging because of the coronavirus pandemic,  mortgage rates  plunged in 2020. Experts have long anticipated that this trend would reverse in 2021 as the economy rebounds......

Rate discounts must be tracked amid renewed fair lending focus: panel
...attract and keep borrowers in their origination pipeline at a time when mortgage rates are rising. But lenders must protect against unintended consequences for fair lending when offering them......

Southern California's housing boom continues with record prices
...in the 34 years CoreLogic has been tracking local housing numbers. Low mortgage rates, a lack of for-sale supply and a recovering economy continued to drive up prices in the region. Rates......

Jobless Claims Add Market Tailwind As Airline Earnings Prepare To Take Off
...and tomorrow with some updates on housing. First we get March existing home sales later this morning, then March new home sales tomorrow morning. While higher home prices remain an impediment......

Hamptons Home Sales Hit Records
The first three months of 2021 saw the strongest quarter for Hamptons home sales in six years, continuing the trend of suburbs and rural vacation areas seeing record growth and a lack of inventory......

The New Normal: Four Lessons From 2020 That Have Reshaped Business
...densely populated urban hubs for the suburbs, driving a boom in the housing market as mortgage rates dropped to historic lows. DoorDash’s presence in the suburbs was minuscule compared to city......

How SaaS Real Estate Enterprises Can Use Content Marketing And Data To Reshape Their Businesses
...sound content marketing strategy and is leveraging data to determine and project housing market trends. All our content and reports aim to help customers make informed decisions based on trusted......

Mortgage rates for April 22, 2021: Rates tick down
Today a couple of notable mortgage rates decreased. Here's how that can affect your mortgage plans. A few notable mortgage rates slumped today. The average interest rates for both 15-year......

Are condos a good investment?
...it’s important to keep in mind that a condo in one housing market can look very different from a condo in another. From a real estate investment standpoint, location can be key. “If you look......

Mortgage rates fall again, extending refi possibilities
...does not include information about every financial or credit product or service. Mortgage rates  fell again this week, a pullback that further widens the window for homeowners who have yet......

Latino Households Propel Home Sales
...in multigenerational homes at a higher rate," says Ratiu. But the housing market has not been easy for newcomers or those with homebuying experience. Rapidly rising home prices and tight housing......

What Is An Interest-Only Mortgage?
...expect to pay all the usual closing costs , like an origination fee, title insurance premium and appraisal fee. The most significant cost is the additional interest you might pay in the long......

Too Many Real Estate Agents
...estate agents selling homes can make downturns worse for the entire housing market. Sonia Gilbukh and Paul Goldsmith-Pinkham's working paper: https://paul......

15-year mortgage rates slip, keeping refi prospects strong
...this week, averaging 2.48 percent in the latest Bankrate survey. Although mortgage rates have generally trended upward since February, they are still near historical lows, and this dip is certainly......

Mortgage rates drop across the board: Third straight week of lower rates
...and the effect on monthly payments for a $165,000 loan: Where mortgage rates are headed Mortgage experts were evenly mixed in the rate trend predictions in Bankrate’s survey this week (April......