U.S. long-term mortgage rates fell this past week for the third straight week, as the benchmark 30-year loan marked its lowest point in 36 months. Mortgage buyer Freddie Mac said Thursday the average rate for the 30-year fixed-rate mortgage declined to 3.45% from 3.51% last week. The key rate ... » Learn More about 30-year Mortgages Hit Lowest Point
Home Ownership
Staging Trends That Turn Off Buyers
Home staging can show off a home in its best light, and simple, updated decor can certainly create a space feel warm and inviting. But there are some popular trends in home design that stagers say you need to avoid when prepping a home for sale. 3 Staging Trends That Could Turn Off ... » Learn More about Staging Trends That Turn Off Buyers
Inventory of homes at lowest levels
December had the most significant year-over-year decline for housing inventory in almost three years, with a notable 12% decline. It pushed the amount of homes for sale in the U.S. to its lowest level since January 2018, in accordance with the December 2019 Housing Trends report released by ... » Learn More about Inventory of homes at lowest levels
Slowdown in the Home-Price Increase
In accordance with the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic, October 2019 saw an annual increase of 3.3% for home prices throughout the country, which happens to be up from the previous month’s pace. Slowdown in the Home-Price ... » Learn More about Slowdown in the Home-Price Increase
Pending Home Sales Up
Pending home sales increased in November, rebounding from the prior month’s decline, in accordance with the National Association of Realtors® (NAR). The West region reported the largest growth in November, while the other three major U.S. regions saw only marginal variances in month-over-month ... » Learn More about Pending Home Sales Up