Top Headlines

Mortgage rates fall for the second week in a row

Mortgage rates fall for the second week in a row

Source: CNN --- Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the...

Mortgage demand rises 2.2% as interest rates decline slightly

Mortgage demand rises 2.2% as interest rates decline slightly

Source: CNBC --- Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most...

The Housing Market is Worse Than You Think

The Housing Market is Worse Than You Think

Source: Advisor Perspectives ---  Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. What I am about to share with you is an excerpt from a fall letter I wrote to IMA clients. It is...

When Will The Housing Market Bottom? Ryan Frazier Weighs In

When Will The Housing Market Bottom? Ryan Frazier Weighs In

Source: Bezinga --- The U.S. housing market is now slowing down after a record-breaking run that saw home values soar to new highs and mortgage rates drop to historic lows. Although demand and price growth are slowing, analysts and housing economists predict that any...

The U.S. Needs More Housing Than Almost Anyone Can Imagine

The U.S. Needs More Housing Than Almost Anyone Can Imagine

Source: The Atlantic --- How many homes must the United States’ expensive coastal cities build to become affordable for middle-class and working-poor families again? Over the past few weeks, I asked a number of housing experts that question. I expected a...

October Was a Spooky Month for the U.S. Housing Market

October Was a Spooky Month for the U.S. Housing Market

Source: Mansion Global --- Would-be buyers are turning their backs on the turbulent U.S. housing market in droves, according to new data released from Redfin on Monday.  The number of pending sales, the amount of deals being scrapped and the proportion of homes seeing...

Mortgage demand rises 2.2% as interest rates decline slightly

Mortgage demand rises 2.2% as interest rates decline slightly

Source: CNBC --- Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most...

Reverse mortgages explained

Reverse mortgages explained

Source: Observer Reporter --- Q. With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this so that it never happens to any other reader....