Source: Yahoo! News — Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. The National Association of Realtors’ index of pending home sales...
Source: New York Post — Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts. The pandemic boomtowns of Austin, Seattle, Phoenix and San...
Source: MPA Mag — The mortgage industry has seen better days. Volatile interest rates fueled by inflation have created a climate where the average loan officer is now closing less than one loan per month with refinance locks plummeting to a low not seen in more...
Source: The Ascent — In August 2020, the average 30-year mortgage rate fell to under 3%. Since I had a higher interest rate than that on my existing mortgage loan, I decided to jump on the opportunity to refinance. And at first, my thinking was that doing so...
Source: Nerd Wallet — March mortgage rates forecast The economic calendar in March is not friendly to mortgage rates. There’s not much on it to motivate rates to fall. After rising sharply in February, mortgage rates are more likely to level off or go up...
