Source: Realtor.com — Although the Federal Reserve hiked interest rates on Wednesday, mortgage rates veered in the opposite direction and tumbled. For the week ending March 23, the nationwide average for the popular 30-year fixed-rate mortgage was 6.42%,...
Source: Redfin — Homebuying demand persisted as mortgage rates declined for the second week in a row after the Fed announced it will only modestly hike interest rates. But limited supply is another barrier for buyers, who are competing for the few homes on the...
Source: Forbes — The remote work boom that was seen during the pandemic has undoubtedly changed how we work in a fundamental way. For instance, a survey conducted in 2021 found that over 75% of workers would gladly sacrifice a pay raise if they could work...
Source: Point 2 Homes — When buying a home, no one thinks about how soon they’ll sell it. But, judging by how long the typical Miami homeowner held onto their property, that time comes much sooner than any newly minted owner might expect. And the pandemic,...
Source: Bankrate — Single women are a force to be reckoned with in residential real estate. Despite dealing with lower incomes than men, a pricey housing market and increasingly expensive mortgages, they comprise the second largest group of homebuyers — and...
Source: Bankrate — For many families, buying a home and having a baby are two big dreams on life’s to-do list. But what if you want to realize those dreams simultaneously? If you’re pregnant or a new mom trying to qualify for a mortgage, there’s a chance going...
Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
