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Survey finds Americans wildly misinformed on housing market

Survey finds Americans wildly misinformed on housing market

by | Jan 24, 2023

Source:The Hill --- A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released Tuesday...

The 10 largest mortgage lenders in the U.S.

The 10 largest mortgage lenders in the U.S.

by | Jan 24, 2023

Source: Bankrate --- Mortgage rates have been volatile in recent months, but the roster of the biggest and most active mortgage lenders has stayed stable in the past year. Rocket Mortgage and United Shore Financial remained first and second by volume of loans...

Mortgage Rates Drop to Lowest Point in 4 Months

Mortgage Rates Drop to Lowest Point in 4 Months

by | Jan 23, 2023

Source: U.S. News --- The average 30-year fixed mortgage rate fell to 6.46% this week, the lowest it's been since September 2022. Mortgage rates declined across the board this week, with the average fixed rate on a 30-year mortgage falling to 6.46%. This is the lowest...

How to Price Your Home Correctly in Massachusetts

How to Price Your Home Correctly in Massachusetts

by | Jan 22, 2023

Source: MassRealty --- Proper Housing Pricing in Massachusetts is Essential It can be challenging to price your home correctly, but with some preparation and helpful tips, you can make the process as smooth as possible. When it comes to pricing a home in...

Correct House Pricing is Essential For Success

Correct House Pricing is Essential For Success

by | Jan 22, 2023

Source: Maximum Real Estate Exposure --- How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...

Some BIG Changes to Mortgage Costs Were Just Announced

Some BIG Changes to Mortgage Costs Were Just Announced

by | Jan 21, 2023

Source: Mortgage News Daily --- In a single moment, the fees for a vast majority of new mortgages in the US have changed.  In some cases, the changes are drastic, both for better and worse.  Let's break it down. What do you mean by "fees/costs?"   This refers to Loan...

What You Need to Know About Foreclosure Rates

What You Need to Know About Foreclosure Rates

by | Jan 21, 2023

Source: US News ---  As a homeowner, homebuyer or aspiring real estate investor, you want to understand the housing market more. Median home prices, mortgage interest rates and average days on market are all valuable metrics to grasping current activity on the market....

First-time homebuyers are pretty much screwed in 2023

First-time homebuyers are pretty much screwed in 2023

by | Jan 20, 2023

Source: Insider --- First-time homebuyers just can't catch a break. The massive government stimulus issued during the early stages of the pandemic combined with rock-bottom mortgage rates led to one of the most dramatic home-buying frenzies in US history. The buying...