American real estate is still considered to be a great investment by foreign buyers – according to the National Association of Realtors (NAR) 2025 International Transactions in US Residential Real Estate report, overseas buyers acquired $56 billion worth of existing...
The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
After five weeks in decline, mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of July 10, up from last week when it averaged 6.67%. A year ago at this...
A Phil Hall Op-Ed: Federal Housing Finance Agency (FHFA) Director Bill Pulte took a break yesterday from his endless and emetic harassment of Federal Reserve Chairman Jerome Powell to make an announcement framed in the manner one associates with news of life-saving...