Instant Reaction Mortgage Rates: July 7, 2022

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Mortgage rates plunged this week. According to Freddie Mac, the 30-year fixed mortgage rate dropped sharply by 40 basis points to 5.3 percent from 5.7 percent the previous week. As a result, home buying is...
Mortgage Interest Rates Climb Today

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Today a handful of key mortgage rates climbed higher. If you haven't locked in a rate yet, see how that could affect you.A couple of principal mortgage rates rose today. 15-year fixed and 30-year fixed...
INSTANT REACTIONS: Jobs

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March 4, 2022By: Lawrence YunPayroll job gains of 678,000 imply a move away from an easy monetary policy and a focus on containing inflation. The Federal Reserve will be raising interest rates this month...
Biggest Homebuying Deal Breakers

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The housing market remains competitive, but not to the point where home shoppers will overlook some kinds of flaws in a home. Exterior issues, like bad siding or loose bricks, and weatherproofing issues are...
Staged Homes Sell for More Money

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Staged homes can sell faster and for more money, according to the 2021 Profile of Home Staging, a report released this week by the National Association of REALTORS®. Television shows about home design may...
Buying Frenzy Continues

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The buying frenzy continues as multiple offers become the norm and buyers offer thousands or tens of thousands above the asking price to try to get the home they want. In many cases, buyers also are...