Federal ReserveJuly 31, 2019Mortgage rates hold to ultra-low levels after first Fed cut in 11 yearsMortgage rates hold to low levels as the Federal Reserve cuts rates for the first time since 2008.
Mortgage NewsJuly 30, 2019Mortgage debt reaches new high; D.C. homeowners claim the mostAmerican mortgage debt has offficially reached a new high. According to recent data, Americans now hold more than $9 trillion in mortgage balances — up around $1 trillion from just three years ago.
Real Estate NewsJuly 25, 2019Home improvement spending is up — especially with MillennialsConsumers are putting their money where their bed is. According to a new study, home improvement spending is up 17 percent, with the average homeowner spending more than $9,000 on home projects in just the last year.
Real EstateJuly 24, 2019Consumers agree: Buy now before home prices riseHome prices are getting bigger, but rates are dropping. Consumers are still optimistic about buying. What should you do as a prospective home buyer?
Real Estate NewsJuly 22, 2019Home prices see their biggest jump in four yearsHome prices have hit a new peak. According to new data, U.S. house prices just experienced their biggest quarterly increase in four years.
Real Estate NewsJuly 18, 2019Here’s the education level you need to afford a home in most U.S. citiesHigher degrees generally come with higher incomes, but it turns out they’re not a requirement for buying a home. In fact, according to a new analysis, a high school degree offers enough income to afford a home in nearly three-quarters of the country’s biggest cities.
Real Estate NewsJuly 17, 2019Housing market confidence is high; will it stay there?Confidence in the housing market remains near an all-time high. According to new data, consumers are especially optimistic about mortgage rates and home prices.
Real Estate NewsJuly 16, 2019First-time homebuyers are having a hard time; here’s what they struggle withHousing might be looking up, but that doesn’t mean today’s homebuyers have it easy — especially not first-timers. In fact, according to new data, more than half of first-time homebuyers have been searching for six months or more to find that dream house.
Real Estate NewsJuly 15, 2019Homeowners have big renovation plans this year — but paying for them? That’s another storyNearly one in two homeowners is planning to renovate in the next two years. Though HELOCs offer a good source of funding for these projects, according to a new survey, many homeowners don’t even know what these financial products are.
Mortgage NewsJuly 11, 2019Bidding wars are down, but will the trend continue?The number of bidding wars just keeps slipping — but those days might be numbered. According to new data, just 12 percent of buyers faced a bidding war last month — marking a 52 percent drop from a year earlier. But will the trend continue? Experts don’t expect so.
Real Estate NewsJuly 10, 2019Millennial homebuyers: Here are 2019’s best cities for Gen Y to buy a homeMillennials looking to buy a house should head to Ohio. According to a new analysis, that’s where three of the nation’s 10 best cities for Millennials are located.
Real Estate NewsJuly 9, 2019Senior sales: Where older homeowners see their house values jump the mostConsider San Francisco the spot for home-selling seniors. According to a new analysis, the average San Fran homeowner 55 and up sees their house appreciate 311 percent from the time of purchase — more than any other city in the country.
Real Estate NewsJuly 8, 2019Want lower energy bills? Consider buying a house in these statesTired of paying sky-high energy bills this summer? Then buying a house in Washington, D.C. might be your best move. According to a new ranking, the district boasts the lowest monthly energy bills in the nation.
Real Estate NewsJuly 4, 2019Home inspections can save homebuyers big; here’s just how muchHome inspections can offer serious value. In fact, according to a new analysis, they save buyers an average of $14,000 per home purchase.
Real Estate NewsJuly 3, 2019Housing affordability is rising — especially in these five citiesThanks to lower mortgage rates and rising incomes, housing affordability is actually up for the first time in years. And in five lucky cities, it’s up quite considerably.
Real Estate NewsJuly 2, 2019Love cats? Here’s where you’ll want to buy a homeHave a cat? Want to buy a home? Then make your way to the West Coast. According to a new ranking, Oregon and Washington are home to the two most cat-friendly housing markets in the nation.
Real Estate NewsJuly 1, 2019Here’s how much homeowners can save by refinancing todayThanks to yet another drop in mortgage rates last week, homeowners could save big by refinancing. In fact, according to new data, a refinance could help more than 8 million borrowers shave at least 0.75 percent off their interest rate.
Real Estate NewsJune 27, 2019Most renters regret not buying a home or building equityMost renters wish they owned a home. In fact, according to a new report, nearly half of all renters say they regret renting instead of buying.
Real Estate NewsJune 26, 2019Real estate pros get confidence boost, report surge in homebuying demandHomebuying demand is up. In fact, according to a new survey of real estate pros, nearly 60 percent say recent drops in mortgage rates have caused demand to spike in their areas.
Real Estate NewsJune 25, 2019Home prices gain speed; experts predict even more increases in the coming monthsAmericans who are on the fence about buying a home might want to act soon. Home prices just notched their first growth spurt in over a year, and according to some experts, they’re only going to rise from there.