Source: Bankrate — Many homeowners choose to refinance from a 30-year fixed-rate mortgage to a fresh 30-year equivalent. While this can lower your monthly payment, it adds extra years to the total period of time you’ll be financing your home. That means you’ll...
Check out the Weekly Real Estate News website for the latest trends in national real estate. Public parks play a crucial role in community health and wellness. They serve as greenspaces for socializing, exercising, and relaxing in the great outdoors. They drive...
Source: Realty Biz News — Builders fear that demand for new homes could be on the wane. As a result, they’re taking their foot off the gas in terms of production, wary that too many prospective buyers have been priced out of the market by rising costs. In June,...
Source: Realtor — Home prices have been on the rise since the COVID-19 pandemic hit. For proof, look no further than the current median home price—a whopping $450,000. That’s not just a high price, but a new record set in June. As a seller, you may be motivated...
Source: Mortgage News Daily — Thursday brought the much-anticipated policy announcement from the European Central Bank (ECB). While our focus remains on mortgage rates in an entirely different continent, major goings on in European markets almost always have...
Source: Marketwatch — Tenants are caught between too-high rents and too-high homeownership costs, depriving them of the American Dream. That was the bleak picture lawmakers and housing experts painted of America’s renters at a congressional hearing Thursday. ...