by Liz Ruggiero | Apr 22, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications for new home purchases decreased 5% compared to a year ago, according to the Mortgage Bankers Association’s (MBA) March 2022 Builder Application Survey (BAS). Compared to February 2022, applications increased by 10%. This change does not include...
by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
It’s a big world out there. One of the many Herculean challenges a real estate agent confronts daily is how to filter out the noise and hone in on what is most important and most relevant to their market—focusing exclusively on one individual neighborhood, a handful...
by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates sailed past 5% this week with the 30-year fixed-rate mortgage averaging 5.11%, according to the latest Primary Mortgage Market Survey® released by Freddie Mac Thursday. Key survey findings: 30-year fixed-rate mortgage averaged 5.11% with an average 0.8...
by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The national average for mortgage closing costs for a single-family property in 2021 was $6,905 including transfer taxes and $3,860 excluding transfer taxes, according to CoreLogic’s ClosingCorp’s latest Purchase Mortgage Closing Cost Report released this week. These...
by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For first-time buyers on a budget, affordable homes have become increasingly scarce, especially for those looking to buy in large metro areas. Amid ongoing home price increases, Point2Homes recently conducted a study to gauge the current stock of homes less than...
by Liz Ruggiero | Apr 20, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Despite recent skepticism surrounding a possible exit from conservatorship for Fannie Mae and Freddie Mac, officials from the Federal Housing Finance Agency (FHFA)—the overseer of both agencies—indicated that the door hasn’t yet been shut on the idea. After more...