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Homes get a little more affordable
Rates dropped a few more basis points coming out of the holiday weekend. In the midst of geopolitical intrigue and vaccine developments, the 30-year fixed
Rates hit new lows for the 13th time this year
Rates are beginning to hunker down and settle in as we enter the holiday season. The 30-year fixed rate mortgage fell 5 basis points to
Vaccine developments could spell the end of low interest rates
While long-term prospects are shaping up with announcements of a 94% effective vaccine, mortgage rates are paying more attention to the short-term troubles we’ll face
home builder stock prices drop while apartment REITs rise
Rates fell in grand fashion last Thursday as Biden took the lead in multiple swing states while, in the Senate, Republicans continued to hold onto
Number of homes for sale drops to lowest recorded levels
Both the 30- and 15-year mortgage moved up 2 basis points, leaving the 30-year fixed rate mortgage at 3.02% while the 15-year fixed rate mortgage
Biggest hike in home prices in 2 years
Rates become a little more volatile in anticipation of election day next week with the 30- and 15-year mortgages moving in different directions. While the
New updates from the Federal Housing Finance Agency
Rates continue to move sideways, despite plenty of movement in the bond market, as they await the resolution of uncertainties such as the presidential election,
Revenue from home loans to hit $3 billion in 2020
After the long weekend, rates are for the most part staying in place; the 30-year fixed rate mortgage shifted down 1 solitary basis point while
Lot sizes shrink to lowest level yet
The 30-year fixed rate mortgage moved up 5 basis points to settle at 3.03% while the 15-year dropped a more significant 18 basis points to
New home sales grow by 14.8%
Rates have been gradually shedding points since last Tuesday as lenders have more time to adjust to the adverse market fee and, in the process,
Biggest spike in home price in 7 years
While rates went up this week, they remain near all-time lows, with both the 30-year and 15-year mortgage at least 100 basis points away from
Mortgage credit at 6 year lows
Lenders are already starting to price in the new FHFA “adverse market fee,” which is set to take effect December 1st, leading to a spike