Mortgage Rates Surge Ahead of Fed Rate Increase
As the nation sat and waited for the Fed to raise rates, the 30-year fixed-rate mortgage (FRM) wasted no time getting a jump on the Fed’s news, jumping to an… Read more »
St Louis Real Estate News is updated periodically we bring you relevant area news for the St Louis Region
As the nation sat and waited for the Fed to raise rates, the 30-year fixed-rate mortgage (FRM) wasted no time getting a jump on the Fed’s news, jumping to an… Read more »
This piece originally appeared in the April 2022 edition of MReport magazine, online now. After more than two years of a pandemic-inspired housing boom, the housing market is quickly shifting… Read more »
San Diego recently surpassed San Francisco as the nation’s least affordable metro area, as home prices rose 14.3% year-over-year. The latest OJO Labs unaffordability report showed San Diego bypass both San Francisco and… Read more »
When it comes to homes, consumers want it all: Amazing location, square footage, and a reasonable price. However, most homebuyers find it difficult in searching for a home with all… Read more »
According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »
Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination… Read more »
In September, 58.9% of home offers written by Redfin agents faced competition, a record low for 2021, according to a new report. That’s down from a revised rate of 60.8%… Read more »
On Friday, October 29, the Joint Center for Housing Studies of Harvard University will present the virtual session, “How Have Renters Responded to Financial Stress in the Pandemic?” from 11:15… Read more »
As federal and state pandemic programs come to an end, renters are more at risk than homeowners of falling—and being left behind—as the economy begins to recover. According to a report released… Read more »
Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) has shown that the 30-year fixed-rate mortgage (FRM) averaged 2.86% for the week ending September 16, 2021, down slightly from last week’s… Read more »