Daniel Acker | Bloomberg | Getty Images Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018. December may be a slow month traditionally for the housing market, but mortgage lenders are suddenly getting busier. A sharp drop in interest rates drove mortgage application […]
Daniel Acker | Bloomberg | Getty Images Prospective home buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. December is usually the slowest month for the housing market, but this season is not so normal. Some unique dynamics may make this December one of the better times to both […]
Daniel Acker | Bloomberg | Getty Images Prospective home buyers arrive to tour a house for sale in Dunlap, Illinois, U.S., on Sunday, Aug. 19, 2018. Expectations for a stronger housing market in October fell short. Pending homes sales, a measure of signed contracts to buy existing homes, fell 2.6 percent compared with September, […]
Rates for home loans roared higher, taking the benchmark mortgage product to a new high and setting up a fresh test for an already strained housing market. The 30-year fixed-rate mortgage averaged 4.94% in the Nov.8 week, a gain of 11 basis points, mortgage finance provider Freddie Mac said Thursday. That was the highest for […]
Originally Published in Texas REALTOR® magazine – Source Rubbing her eyes, Rebecca Bagby tries to refocus on the point she was making. She’s head-to-toe in the familiar neon pink of South Texas beachwear, but the leaning palm tree on her T-shirt sits alongside Rockport Strong in white text. Nearly a year after Hurricane Harvey made […]
iStock Rates for home loans throttled higher in the most recent week, as the recent bond bloodbath closed in on the mortgage market. The 30-year fixed-rate mortgage averaged 4.90% in the October 11 week, up from 4.71%, mortgage liquidity provider Freddie Mac said Thursday. That was the highest since April, 2011, and the biggest weekly move […]
