by Karen | Apr 21, 2023 | Housing Market
Today’s housing market is so pricey that homebuyers are highly sensitive to any distinct moves in mortgage rates. And that’s what happened last week. Rates dropped, and buyers dove in. The average contract interest rate for 30-year fixed-rate mortgages with conforming...
by Karen | Apr 21, 2023 | Housing Market
Home sellers are facing new market dynamics this spring after two red-hot selling seasons in 2021 and 2022, during which prices soared and inventory fell. As of March 2023, home prices were still up 7.8% compared to the previous year, though price growth slowed for...
by Karen | Apr 21, 2023 | Housing Market
Real estate transactions have been a prime target of cybercrime over the past decade, and there is little sign of change in this focus, even as the housing market slows. Instead, fraudsters continue to evolve their scam and money laundering tactics to avoid detection....
by Karen | Apr 21, 2023 | Housing Market
Mortgage interest rates fell for the third straight week, while mortgage demand also rose again. Total application volume increased 7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average...
by Karen | Apr 21, 2023 | Housing Market
The 30-year fixed-rate mortgage dropped again this week, another hopeful sign that more home shoppers will soon return to the market. The interest rate for the 30-year fixed-rate mortgage averaged 6.15% this week, according to Freddie Mac, continuing its decline from...
by Karen | Mar 23, 2023 | Housing Market
As the nation celebrates International Women’s Day and Women’s History Month, women, and single women in particular, have achieved one of the main tenets of the American Dream – homeownership. Since 2019, the number of single, female-headed households (including...
