Financial Information
Mortgage rates hit a 14-month low
Rates for home loans fell to the lowest in a year as inflation cooled and investors braced for a slowing global economy. The 30-year fixed-rate mortgage averaged 4.37% in the February 14 week, mortgage guarantor Freddie Mac said Thu...
Forecasters: Home Buyers, Sellers May Have Tough Road Ahead
Rising mortgage rates and home prices may prove a bigger thorn to home buyers in 2019 as buying a home gets more expensive in the new year. Meanwhile, as more homeowners list their homes, sellers will face greater competition, possibly increasi...
More Buyers Turn to ARMs for Lower Borrowing Costs
Rising interest rates are prompting more home buyers to turn to adjustable-rate mortgages—which come with potential financial risks. Though these mortgages typically come with lower interest rates initially, they reset to market rates after f...
Side by Side Comparison of House & Senate Tax Legislation
Click here for the NAR Article. NAR is OPPOSED to H.R. 1, the “Tax Cut and Jobs Act” tax reform legislation. This bill is a direct threat to consumers, to homeowners and to our businesses. Not only will millions of homeowners not benefit...
Over Half of Housing Markets Hit Price Peaks
More than half of housing markets saw home sale prices peak at the end of 2016, according to the National Association of REALTORS®’ (NAR) recently released quarterly report, contributing to the best quarterly sales pace of the year. Eighty-n...