UncategorizedJanuary 13, 2019Trends show 2019 homebuyers will be largely female, Millennial and HispanicKnow a Hannah, Austin, Alexis, Logan or Taylor? According to new data, they might just become homebuyers this year.
Mortgage NewsJanuary 12, 2019A drop in home prices? Data shows it’s not as impossible as it may seemHome price growth is expected to slow this year, but in some places? There’s even a small chance that home prices might decline — especially in the West.
Mortgage NewsJanuary 11, 2019Mortgage shutdown problems: If you’re furloughed and face a late mortgage paymentGovernment shutdown victims and others can find ourselves in impossible financial difficulties where we face a late mortgage payment. Here's what to do.
Economic NewsJanuary 10, 2019Mortgage rates drop below 4.5%. Homeowners scramble to refinanceMortgage rates have been falling since November, but the American consumer is just now noticing. A mini refi boom has started as homeowners are starting to notice low rates.
Real Estate NewsJanuary 10, 2019The dangers of DIY: These basic tools cause homeowners the most injuries (and the most ER time)As a homeowner, DIYing some of your property repairs can mean serious savings. Apparently, it can also can also mean serious injury, too. According to a new analysis, even some of the most innocuous DIY repairs and tools can have painful, long-term repercussions for America’s homeowners.
Real Estate NewsJanuary 8, 2019Home price growth predicted to slow even more in 2019, experts sayExpect home price growth to slow even more as we head into 2019. According to a new forecast, prices will likely increase 4.8 percent by November 2019 — a dip from this year’s increase of 5.1 percent.
Real Estate NewsJanuary 4, 2019Renters spent more than Bezos’ net worth this year — and rents are still growingAmerican renters spent a startling amount on housing this year. According to new data, they paid a whopping $504.4 billion in rent across 2018 — nearly $13 billion more than last year and three times the net worth of Amazon CEO Jeff Bezos.
Real Estate NewsJanuary 3, 2019Dwindling down payments: Home buyers in these cities put down the least cashDon’t have a lot of cash to put down? Then buy a home in Atlanta or Phoenix. According to new data, buyers in these two Southern cities make the smallest down payments in the nation.
Mortgage RatesJanuary 1, 2019Can I unlock a mortgage if interest rates drop? Two ways to get a lower rate after you’ve lockedCan you unlock a mortgage if interest rates fall before your closing day? How much commitment does locking a mortgage require from you and your lender?
Real Estate NewsDecember 31, 2018Housing inventory is up — but there’s still room for improvementHousing inventory finally seems to be turning around. According to the latest data, inventory has increased for three months running, with a 0.4 uptick in November alone.
Real Estate NewsDecember 28, 2018Housing “diet” means better home buying conditions come spring, expert saysHome price growth recently slowed to its lowest rate since January 2017 — but according to one expert, it doesn’t mean the market’s bottoming out. In fact, it may even indicate prime home buying conditions come spring.
Real Estate NewsDecember 26, 2018Mortgage rates continue downward fall, sending sales up with themMortgage rates are still on the decline, despite a recent rate hike from the Federal Reserve. This dip is likely behind the most recent increase in existing home sales — the first such jump in more than six months, according to Freddie Mac.
Federal ReserveDecember 19, 2018Federal Reserve increases rates for last time in 2018, projects fewer hikes in 2019Today's Federal Reserve (FOMC) meeting ended with a .25 percent increase in interest rates, surprising no one and having little impact on markets.
Real Estate NewsDecember 18, 2018Down payment disappointment: Most Millennial renters just aren’t saving enoughWhen it comes to saving for a down payment, Millennials are falling behind. In fact, according to a new study, nearly half of Millennial renters have zero down payment savings at all.
Mortgage NewsDecember 14, 2018Out-of-state homebuyers head south; Florida claims top destination for 14 statesAmerican homebuyers are flocking toward warmer climates. According to a new study, U.S. residents are increasingly leaving colder states, instead buying homes in places like Florida, Texas and California.
Real Estate NewsDecember 12, 20182018 was a big year for homeowners; here’s how much home equity Americans gainedHomeowners have seen serious gains in equity this year. According to the latest data, the average owner saw their home equity jump 9.4 percent since 2018 — an aggregate increase of $775.2 billion across the nation.
Real Estate NewsDecember 7, 2018Millennials and money: These homebuyers’ habits aren’t as bad as they seemIt turns out Millennials aren’t as bad with money as most assume. In fact, according to a new report from Bank of America, the Millennial generation is actually just as good — if not better — at managing their money than past cohorts were.
Real Estate NewsDecember 6, 2018Natural disasters are up, but homeowners aren’t prepared, survey showsNatural disasters are on the rise — and according to a new survey, homeowners are woefully underprepared. Few have flood insurance, most don’t have generators and even fewer have a safe room or shelter in case of emergency.
Mortgage NewsNovember 28, 2018Home prices grow at slowest rate in nearly 2 yearsHome prices are still rising, but according to the latest data, they’ve hit their slowest growth rate since January 2017. Sixteen of the top 20 markets are also seeing slower price gains.
Real Estate NewsNovember 27, 2018Sight unseen offers drop; is home buying getting easier?There’s yet another reason for home buyers to celebrate. According to new data, the number of sight unseen offers has dropped significantly — indicating less competition and easing inventory pains in many markets.