Existing-home sales increased in August and reached the highest level in six-and-a-half years, while the median price shows nine consecutive months of double-digit, year-over-year increases, according to the National Association of REALTORS®.
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.7 …
Mortgage applications increased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 13, 2013. The previous week’s results included an adjustment for the Labor Day holiday.
The Market Composite Index, a measure of mortgage …
Freddie Mac (OTCQB: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates relatively unchanged from last week and holding steady near their highs for the year.
"Mortgage rates were little changed this week following a mixed employment report.” says Frank Nothaft, …
A: This is a tough decision, but the answer will depend on your personal situation, as well as the condition of the local housing market.
If you put your home on the market first, you may have to scramble to find another one before settlement, which could cause you …
Choosing a real estate agent to represent you through the home-selling process is just as important as staging the space to attract prospective buyers and listing it for the right price so that it sells in a timely manner. While you may have heard nothing but good things about an …
With Halloween right around the corner, the last thing you want is to scare away potential buyers with a spooky decorating theme. However, just because you’re in the process of getting your home ready for sale doesn’t mean you need to give up on the decorating altogether. In fact, thinking …
Whether you’re buying or selling a home, adding deadlines to the real estate contract process is a tricky subject. After all, if someone makes an offer on your house, you may think they’ll go to any lengths to buy it. On the other hand, a buyer may think that just …
With foreclosure sales in rapid decline nationwide and in high demand in many fast-rising markets, a report released this week by mortgage technology company FNC indicates that housing demand by trade-up buyers is rising as the home equity available to these prospective buyers is improving.
According to FNC’s …
In the coming year, more than 1.5 million consumers will purchase their first home. How do they do it -- and how can you be one of them?
"First-timers now represent nearly 30 percent of all existing home purchasers," said Ray Brousseau, executive vice president of a nationwide lender. …
A total of 291 metropolitan areas across the country now qualify as improving housing markets, according to the National Association of Home Builders/First American Improving Markets Index (IMI) for September, released today. This reflects a gain of 44 markets from August and marks the index’s highest level since it was …