Mortgage Industry News
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage is now averaging 7.29%, down from last week when it averaged 7.44%. Continue Reading Mortgage Rates Continue to Drop
Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
The foundation is planning to deliver more than 200 mortgage-free homes to families across its programs. Continue Reading Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
What is a good income to buy a house? You’ll need at least $100,000 in nearly 40% of markets
Source: USA Today --- Even as mortgage rates doubled since the start of the year, home prices grew in nine out of 10 metro markets in the fourth quarter of 2022, according to the National Association of Realtors’ latest quarterly report. Eighteen percent of the 186...
Spring homebuying and selling season is here. Are you ready?
Source: CNN Business --- Super Bowl weekend is the unofficial kick-off to the peak spring home buying and selling season, according to many real estate agents. Are you ready? If you’re feeling unsure and confused, you’re not alone. The US housing market is giving off...
Mortgage costs lock out California home buyers
Source: Cal Matters --- Back in 2021, when mortgage interest rates were plumbing all time-lows, Caitlyn O’Connell and her fiance nearly closed on a home in San Luis Obispo. They backed out of the deal after discovering major issues with mold, she said. Over the course...
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