Tag: journal

Mortgage Rates Keep Below the 3% Mark

Mortgage rates rose slightly this week, but still remain below the 3% mark, as Freddie Mac’s Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) at 2.99%, up… Read more »

Home Prices Remain High With Supply Restricted

CoreLogic’s latest Home Price Index (HPI) and HPI Forecast for April 2021 has found that nationally, home prices increased 13% year-over-year compared to April 2020. On a month-over-month basis, home… Read more »

Mortgage Rates Continue Trend to Refi-Friendly Lows

Mortgage rates remained under 3% this week, as Freddie Mac reported the 30-year fixed-rate mortgage (FRM) at an average of 2.96%, down two basis points from last week’s average of… Read more »

Home Flipping Market Hits Four-Year Low

While the pandemic turned lives upside down nationwide over the past year, the 2020 U.S. Home Flipping Report from ATTOM Data Solutions found that 241,630 single-family homes and condos in… Read more »

Spring Economic Growth to Support Housing Market

As the weather warms and COVID-19 vaccines roll out to more around the country, U.S. economic expansion is expected to accelerate this spring, with real GDP growth hitting 8.4% in… Read more »

Nearly 40% Fewer Homes for Sale Since Last Year

The number of U.S. homes for sale dipped below 700,000 for the first time, setting a new low mark for listed inventory, according to the Monthly Housing Trends Report published… Read more »