Real Estate News

  • Baby boomers and their role in the housing market Baby boomer homebuyers prefer one-story homes. The two largest demographics in the U.S. are baby boomers and millennials. February 29th, 2016 3:04pm
  • Interest rates dip again for the week ending Feb. 25 Low interest rates on home loans continue in the U.S. Many interested homebuyers and individuals with existing mortgages looking to refinance can rejoice. Once again, the average interest rate for home loans decreased when compared on a week-over-week basis. February 26th, 2016 10:37am
  • Existing-home sales rise slightly in January Demand for housing continues to increase. The housing market continues to improve as more individuals become interested in purchasing real estate. With low interest rates and an improving job situation, American consumers can feel better about purchasing a home and ultimately bolstering the housi February 26th, 2016 10:03am
  • Mortgage applications fall during holiday weekend President's day weekend experienced lower number of home loan applications. While interest rates for home loans remain historically low and the employment situation continues to improve, applications for home loans decreased slightly for the week ending Feb. 19. February 24th, 2016 9:26am
  • Affordability improves in fourth quarter Affordability improves in Q4 for housing. Housing affordability improved nationwide in the fourth quarter of 2015, according to the National Association of Home Builders. February 22nd, 2016 11:38am
  • Mortgage rates remain low Low interest rates continue. Spring is quickly approaching, which means there will be the seasonal influx in housing activity as the weather becomes warmer. Fortunately for many interested homebuyers and current homeowners, interest rates for mortgages have remained low. February 18th, 2016 10:15am
  • Interest rates dip for fifth week straight Interest rates for home mortgages continue to fall. The most recent Primary Mortgage Market Survey from Freddie Mac indicated that interest rates for home loans in the U.S. had taken another tumble for the fifth consecutive week. February 4th, 2016 11:33am
  • Commercial and multifamily loans expected to increase in 2016 Multifamily mortgages expected to increase greatly in 2016. According to the Mortgage Bankers Association, originators anticipate impressive growth moving into 2016. February 3rd, 2016 12:15pm
  • Dipping temperatures in other regions may have led to the dip in home loan applications. Mortgage applications dip, but the fall is likely due to winter weather in other colder regions. According to the Mortgage Bankers Association's weekly survey, applications for home loans decreased for the first time in two weeks. This may be surprising as interest rates have remained historically low February 3rd, 2016 8:14am