Financing New Record Low Mortgage Rates Bring Buyers Relief Mortgage rates hit another new low this week, according to Freddie Mac. For 30-year fixed-rate mortgages, the most common type of loan,...
Economics Jobless Claims Surged This Month, Here’s Why As more Americans return to work, it may be concerning that applications for unemployment benefits have risen these past four weeks. During...
Economics More Homeowners Want Home Improvements, But Done Themselves Analysts believe home improvement and DIY trends will become a mainstay as more Americans move to lower density areas. This means more green...
Sales Redfin August Report: No Slowdown for the Housing Market For the four week period ending August 30, the housing industry saw more record breaking median home price increases and home inventory...
Financing Mortgage Demand Sees Atypical Year-Over-Year Surge of 40% At this time of year, the housing market typically begins slowing with mortgage applications to purchase a home at single digit year-over...
Economics Home Purchase Sentiment Rises, Though Still Trailing Behind 2019 Housing market confidence rose in August after a slight dip back in July, but current sentiments are nothing compared to last year’s...
Building Materials NAHB Addresses Rising Lumber Prices, Builder Concerns Softwood lumber prices are currently skyrocketing. NAHB is taking steps to try to minimize the effect on builders
Sales Has the Housing Market Begun Normalizing? Home builder LGI Homes reported a slight decline in home closings for August. The Texas-based company is regarded as a sales trend leader in...
Economics To Prevent a Housing Crisis, Renters Need More Than an Eviction Ban Talks about an eviction crisis have been occurring since the beginning of the pandemic and the housing market has pleaded with Washington...
Economics Younger Millennials Are Flooding the Market Millennials took advantage of July’s low mortgage rates, especially younger Millennials. National Mortgage News describes younger...