Mortgage NewsAugust 26, 2019Hurricane season is here, but data shows few homeowners are preparedIt might be the heart of hurricane season, but according to new data, homeowners are woefully underprepared — and underinsured.
Mortgage NewsAugust 22, 2019Homebuying trends: Generation Z is off to a slow and steady startThe number of Generation Z members holding a mortgage is up 112 percent over the last year. The group accounted for 2 percent of mortgages.
Mortgage NewsAugust 21, 2019Where vacation home investors can reign supremeForget beach towns and ski lodges. Real estate investors looking to cash in on a vacation home rental should apparently look to Tennessee.
RefinanceAugust 20, 2019Mortgage rates so low that nearly 10 million homeowners could save $267 per month by refinancingRefinance rates are so low that nearly 10 million people, conservatively, can save hundreds per month. Are you among those who could save?
Mortgage NewsAugust 20, 2019New homes see price decline, though inventory remains lowIf you’re looking to buy a new construction home, then you’re in luck. According to new data, prices are down on new homes.
ForecastsAugust 19, 2019With mortgage rates this low, is late-2019 a good time to buy a house?Mortgage rates are running about 2% below levels that experts expected. In that light, is late-2019 a good time to buy a home?
Real Estate NewsAugust 19, 2019Keller Williams partners with Offerpad, merging iBuyer and brokerage optionsKeller Williams and Offerpad have partnered up. The brokerage's real estate agents can now give home sellers cash-offer options.
Mortgage NewsAugust 15, 2019LEED-certified homes on the rise, offering serious savings on energy billsMore buyers can take advantage of the energy savings an LEED home provides. The number of LEED-certified homes has jumped nearly 20 percent since 2017.
Mortgage NewsAugust 14, 2019Millennials move to refinance as rates approach three-year lowsWith rates at three-year lows, Millennials are finally hopping on the refinance bandwagon. Refis accounted for 14 percent of all Millennial loans in June.
Mortgage NewsAugust 13, 2019Buyers see less competition — especially in hotter marketsLow mortgage rates haven’t caused an uptick in demand just yet. In fact, according to new data, only about one in 10 buyers faces a bidding war in today’s market — a steep drop from last year, when 45 percent of buyers saw competition when bidding on a house.
Mortgage NewsAugust 12, 2019Looking for a profitable fix-and-flip? Buy near this grocery store chainWant high returns on that next fix-and-flip? Then buy a house near an ALDI grocery store.
Mortgage NewsAugust 8, 2019Homebuyers are heading out of town — and this city tops their listIt looks like buyers aren’t sticking close to home anymore. A full quarter of homebuyers are looking to move outside their metro area.
Mortgage NewsAugust 7, 2019Homebuying power is up, nearing all-time highsThe latest home sales data might not reflect it, but according to a new report, consumer homebuying power is almost at a record high.
Mortgage NewsAugust 6, 2019Undergrads say student loans will keep them from homeownership until 35According to a new study, half of undergrads with student loans plan to put off buying a house due to their student loans.
Mortgage NewsAugust 5, 2019Home prices slow for 14th straight month; one city sees prices decreaseHome prices continued their cooldown, logging just a 3.4 percent annual increase in May. It marks the 14th straight month that prices have slowed.
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.
