by Susanne Dwyer | Aug 13, 2017 | Buying/Selling, House Canary, Latest News, National, News |
Housing affordability took a turn downward in the second quarter of 2017, as home prices and mortgage rates moved opposite, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Approximately 59 percent of...
by Susanne Dwyer | Aug 12, 2017 | Buying/Selling, House Canary, Latest News, News |
Mortgage borrowers today are more often Gen X than millennial, according to a recent survey by NAMB – The Association of Mortgage Professionals. The majority of NAMB members surveyed reported millennials account for only as much as 25 percent of their customer base,...
by Suzanne De Vita | Aug 10, 2017 | Buying/Selling, House Canary, Latest News, National, News, Trending |
Housing demand continues to outstrip supply, with shortages now at their worst in 20 years. Why? The answer is simple: Homeowners are happy where they are, according to a new survey by realtor.com®. Sixty-three percent of homeowners surveyed say their current house...
by Susanne Dwyer | Aug 10, 2017 | Buying/Selling, Latest News, National, News |
Mortgage rates dove to another low this week, with the 30-year, fixed rate averaging 3.90 percent, down from 3.93 percent the week prior, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The 15-year, fixed rate averaged 3.18...
by Suzanne De Vita | Aug 8, 2017 | Buying/Selling, Latest News, National, News |
Appraised home values came in 1.55 percent below what homeowners expected in July, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 4.21...
by Beth McGuire | Aug 7, 2017 | Buying/Selling, House Canary, Latest News, National, News |
Confidence in housing sagged in July in the Fannie Mae Home Purchase Sentiment Index® (HPSI), with optimism weakening for both homebuyers and sellers due to limiting economic factors and unaffordability. The HPSI overall posted 86.8, down 1.5 percentage points from...