Source: MPA — Mortgage applications decreased over the last week of 2021, according to recent data from the Mortgage Bankers Association (MBA). MBA’s latest weekly mortgage applications survey revealed that mortgage applications for the week ending December 31,...
Source: Fox Business — Compass Executive Vice President Mike Aubrey argued on Wednesday that 2022 will still experience a “really good real estate market,” but acknowledged that the “frenzy of 2021” likely won’t happen again....
Source: Redfin — Demand for vacation homes was up 77% from pre-pandemic levels in December. That’s slightly below the 80% increase in November and the record 92% gain in January, but up significantly from the 2021 low hit in August. Read...
Source: The Oregonian/OregonLive— Last year was a head spinner for home shoppers. The desire to take advantage of historic low mortgage interest rates and move to a larger place to work and staycation during the coronavirus pandemic was dashed for some...
Source: Apartment Therapy — When you’re buying a new home, it’s all about location, location, location. Based on where you decide to live, you may have lower home costs, but pay more in utilities. Or, you could pay a higher mortgage but your property taxes will...
Source: National Mortgage News — Virginia began accepting applications on Monday for its mortgage relief program, with financial assistance provided through the federal government’s Homeowner Assistance Fund. The state received more than $258 million from the...
Hits and Misses for the Real Estate Week of Aug. 3-7
