by Karen | Jan 14, 2020 | Uncategorized
The gain of 4.2% from a year earlier was the slowest annualized increase since 2012 The value of all U.S. owner-occupied homes increased to a record $29.2 trillion in the third quarter, according to a Federal Reserve report known as the Flow of Funds. That was a gain...
by Karen | Jan 6, 2020 | Uncategorized
More first-time buyers emerged on the market in the third quarter—a modest rise, but one that economists are still upbeat about. First-time buyers purchased 591,000 homes in the third quarter, a year-over-year increase of 1%, Genworth Mortgage Insurance reports....
by Karen | Jan 6, 2020 | Uncategorized
Chairman Powell says “trade developments” pose risk to the economy The Federal Reserve left its benchmark rate unchanged on Wednesday and signaled it plans to hold steady through 2020, barring unexpected economic news. All the members of the Federal Open Market...
by Karen | Jan 6, 2020 | Uncategorized
The average U.S. fixed rate for 30-year mortgage slides to 3.72% In the first week of the year, the average U.S. fixed rate for a 30-year mortgage averaged 3.72%. Not only is this percentage below the previous week’s average, but it’s also nearly 80 basis points below...
by Karen | Dec 30, 2019 | Uncategorized
More first-time buyers emerged on the market in the third quarter—a modest rise, but one that economists are still upbeat about. First-time buyers purchased 591,000 homes in the third quarter, a year-over-year increase of 1%, Genworth Mortgage Insurance reports....
