Real Estate News

• Instant Reaction: Mortgage Rates, May 25, 2023 May 25, 2023
  Instant Reaction: Mortgage Rates, May 25, 2023 Following the trend of the bond market, mortgage rates rose to an average rate of 6.57% on a 30-year fixed mortgage from 6.39% the previous week. By:  Nadia Evangelou Mortgage Financing
• Pending Home Sales in April Remained Flat from March 2023 May 25, 2023
  Pending Sales in April Remained Flat from March 2023 The pending home sales pace in April 2023 showed no movement from the previous month but fell 20.3% from a year ago. By:  Michael Hyman
• Long-distance Movers: Why Did They Move and How? May 25, 2023
  Long-distance Movers: Why Did They Move and How? Why are homeowners moving, how did they search for their new homes, and how did they ultimately purchase their homes? By:  Jessica Lautz
• Instant Reaction: Mortgage Rates, May 18, 2023 May 18, 2023
  Instant Reaction: Mortgage Rates, May 18, 2023 With a 6.4% rate, the typical buyer can afford to purchase a home up to $380,000 – $9,000 or 2% less than the median-priced home if they put 20% down. By:  Nadia Evangelou Mortgage Financing
• Instant Reaction: Mortgage Rates, May 11, 2023 May 11, 2023
  Instant Reaction: Mortgage Rates, May 11, 2023 Mortgage rates moved lower this week, with the average rate on a 30-year fixed mortgage dropping to 6.35% from 6.39% the previous week. By:  Nadia Evangelou Mortgage Financing
• Instant Reaction: Jobs, May 5, 2023 May 5, 2023
  Instant Reaction: Jobs, May 5, 2023 A record number of Americans are working, with another 253,000 net new job additions in April. By:  Lawrence Yun
• Instant Reaction: Mortgage Rates, May 04, 2023 May 4, 2023
  Instant Reaction: Mortgage Rates, May 04, 2023 The Federal Reserve raised short-term interest rates again, but this doesn't mean that mortgage rates will rise as well. By:  Nadia Evangelou Mortgage Financing