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Home loan size retreats from record as mortgage application demand cools

Home loan size retreats from record as mortgage application demand cools

by Third Party | Jul 15, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Fox Business —  The average size of a home purchase loan has pulled back from its record high as demand for mortgage applications fell for the second straight week.  According to the Mortgage Bankers Association, the average purchase loan size fell to...
Builders Weigh-in on House Ways and Means Committee Hearing on U.S. Housing Crisis

Builders Weigh-in on House Ways and Means Committee Hearing on U.S. Housing Crisis

by Third Party | Jul 15, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: World Property Journal —  The National Association of Home Builders chairman Jerry Konter issued the following statement in response to this week’s House Ways and Means Committee Hearing, Nowhere to Live: Profits, Disinvestment, and the American...
Remodeling Market Confidence Declines Year-over-Year

Remodeling Market Confidence Declines Year-over-Year

by Third Party | Jul 15, 2022 | Industry Updates, News/Current Events

Source: NAHB —  The National Association of Home Builders (NAHB) released its NAHB/Westlake Royal Remodeling Market Index (RMI) for the second quarter, posting a reading of 77, declining 10 points compared to the second quarter of 2021. “Although most remodelers...
Should I Buy a Home Right Now?

Should I Buy a Home Right Now?

by Third Party | Jul 15, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help...
Home sales in Utah hit ten-year low in June

Home sales in Utah hit ten-year low in June

by Third Party | Jul 15, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Utah Business —  Sandy—Higher mortgage interest rates are slowing home sales. Home sales of all housing types fell to 1,344 transactions in June in Salt Lake County, the lowest number of home sales in Utah for a June month in a decade and 27 percent...
Expert Housing Market Forecasts for the Second Half of the Year

Expert Housing Market Forecasts for the Second Half of the Year

by Third Party | Jul 14, 2022 | Industry Updates, Real Estate News

Source: Keeping Current Matters —  The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions,...
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