CoreLogic economist Archana Pradhan believes some would be home buyers who may fear tighter qualification standards - are self-sidelining from applying for a loan, for their home purchase, which could represent a large pool of potential buyers who rent since they don't think they are able to become ... » Learn More about Potential home buyers may be self-sidelining
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The real difference between military and non-military home buyers and sellers
Serving in the military dictates many home buying and selling decisions for active-duty members, and continues to have residual effects - both positive and negative - for veterans. For the first time, the National Association of Realtors included questions about servicing in the Armed Forces in ... » Learn More about The real difference between military and non-military home buyers and sellers
Average 30-year mortgage falls to 3.54%
Long-term U.S. rates on mortgages fell in the week for a second straight week amid continued global economic concerns. Mortgage buyer Freddie Mac said Thursday the average 30-year fixed-rate mortgage dipped to 3.54 percent from 3.60 percent a week ago. That is well below its level a year ago of 4.00 ... » Learn More about Average 30-year mortgage falls to 3.54%
REMAX National Housing Report June 2016
REMAX just released their National Housing report for June 2016. As home buyer demand continues, May saw a 10.3% jump in sales over April along with a 5.1% increase over May last year, which is slightly more than the typical year-over-year sales increase of 4.5% so far in 2016. The Median Sales ... » Learn More about REMAX National Housing Report June 2016
Reports say Pending home sales are at a 10-year high
Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, based on the National Association of Realtors® (NAR). All major regions saw gains in contract activity last month with the exception of the Midwest, which saw a meager ... » Learn More about Reports say Pending home sales are at a 10-year high