Source: The Hill — Mortgage rates dipped slightly last week for the first time in more than two months amid the Federal Reserve’s ongoing fight with inflation, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s weekly...
Source: Yahoo! News — Mortgage rates, over 7% or so, are at their highest levels in 20 years and loan applications are down. So, it should follow, that homeowners looking to refinance loans would also be headed to the sidelines in droves. But according to...
Source: The New York Times — Mila Adams moved to Utah in May with her husband and toddler son to be closer to family, but they didn’t expect to be living with her husband’s parents nearly a half year later. The couple’s search for a home of their own became a...
Source: Housing Wire — Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Source: Florida Atlantic University — Average home prices are falling in 39 of the 100 largest U.S. housing markets and prices in an additional 18 metropolitan areas are expected to decline soon, according to researchers at Florida Atlantic University and...
Source: Commercial Observer — Commercial Observer recently spoke with Alvin Yeung, CPA, a managing director of tax services for CBIZ Marks Paneth, who has extensive experience in the affordable housing development market, and Gina Citrola, CPA, a CBIZ Marks...
Hits and Misses for the Real Estate Week of May 11-15
