by Susanne Dwyer | Jun 17, 2017 | Buying/Selling, Latest News, National, News |
Mortgage rates clawed back up after weeks on a downswing, with the 30-year, fixed rate now averaging 3.91 percent, up from 3.89 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®). The average 15-year, fixed rate moved...
by Susanne Dwyer | Jun 14, 2017 | Buying/Selling, House Canary, Latest News, Lead Story, National, News |
The Federal Reserve voted on Wednesday to raise the key interest rate one-quarter percentage point, ticking off the second of three hikes slated for this year. Analysts largely predicted the outcome, even as lagging inflation gave cause for concern. “In view of...
by Susanne Dwyer | Jun 12, 2017 | Buying/Selling, Latest News, National, News |
Home values in housing markets the nation over continue to heighten—but while homeowners are cheering the gain in equity, some homebuyers’ hopes, especially in large locations, are being hosed down. “Homes have gotten so expensive in many major cities that...
by Susanne Dwyer | Jun 8, 2017 | Latest News, National, News |
Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate dropping for the fourth consecutive week and hitting its lowest level in nearly seven months. The 30-year fixed-rate mortgage (FRM) averaged...
by Susanne Dwyer | Jun 3, 2017 | Buying/Selling, House Canary, Latest News, National, News |
Home prices rose 1.4 percent in the first quarter of 2017, according to the Federal Housing Finance Agency’s (FHFA) House Price Index (HPI). The HPI year-over-year— based on prices for homes with Fannie Mae- and Freddie Mac-backed mortgages— was up 6.0 percent....