Tag Archives: Interest Rate

Homes Are More Affordable Than 20 Years Ago

Daily Real Estate News | Wednesday, November 08, 2017 Homes are actually more affordable now than they were in the late 1990s, according to the latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider. … Continue reading

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More Owners Are Using Their Equity Again

Daily Real Estate News | Tuesday, August 29, 2017 Home prices continue to rise and more homeowners are tapping into their home equity, making home equity lines of credit and cash-out mortgage refinances popular again. Home equity line originations jumped 8 percent to … Continue reading

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading

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Loan Demand Gets a Lift From Rate Drop

Daily Real Estate News | Wednesday, August 09, 2017 Interest rates dropped last week, giving homeowners and home buyers more incentive to lock in a lower rate as they apply for a mortgage. Total mortgage application activity for home buying … Continue reading

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Fed Votes to Leave Key Rate Alone

Daily Real Estate News | Thursday, July 27, 2017 The Federal Reserve said on Wednesday that it will hold off on making any increases to its short-term interest rate, at least for a while longer. The Federal Open Market Committee … Continue reading

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10 Biggest Threats Facing Real Estate

Daily Real Estate News | Friday, June 16, 2017 Global uncertainty and political polarization are the top issues facing the housing industry in 2017 and 2018, according to The Counselors of Real Estate’s annual list of the Top 10 Issues … Continue reading

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Pending Home Sales Leap 5.5% in February

WASHINGTON (March 29, 2017) — Pending home sales rebounded sharply in February to their highest level in nearly a year and second-highest level in over a decade, according to the National Association of Realtors®. All major regions saw a notable … Continue reading

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Existing-Home Sales Jump in January

WASHINGTON (February 22, 2017) — Existing-home sales stepped out to a fast start in 2017, surpassing a recent cyclical high and increasing in January to the fastest pace in almost a decade, according to the National Association of Realtors®. All … Continue reading

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Swift Gains in Fourth Quarter Push Home Prices to Peak Levels in Majority of Metro Areas

WASHINGTON (February 9, 2017) — The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly … Continue reading

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