In the first few months of 2018, home prices skyrocketed more than in any first quarter since the housing boom of the early 2000s
The decline in sales reflects a shortage of available homes priced at or below the median first-time homebuyer market price of $250,000
Home builders are more confident in the housing market than they’ve been in nearly a decade.
Mortgage applications for new homes increased in June… Builder confidence hits 10-year high…‘Salem’ duo buy Hollywood home… Mortgage rates higher amid bond market volatility…
One big bank’s quarterly results confirm what many had already feared – that smaller players are likely losing out to their larger counterparts in one very valuable mortgage market segment.
As the big banks continue to release their quarterly economic performance, originator eyes will be fixed on mortgage business – and one leading bank’s results were more solid than expected.
Federal Reserve Chairwoman Janet Yellen provided an upbeat assessment of the economy Wednesday, leading some to believe she is priming the country for an interest rate hike.
First the good news: the average risk of home price declines over the coming two years remains low. The bad news? If you live in an oil-producing state, you are at risk of a price decline.