Housing Inventory To Tighten In 2020
Thu, 05 Dec 2019 13:36:19 GMT
Housing inventories are likely to tighten more in the upcoming year, making it even more challenging for buyers to find a home.
Mortgage Rates Hold Steady
Thu, 05 Dec 2019 13:35:46 GMT
Freddie Mac reports 30-year fixed-rate mortgage averaged 3.68 percent with an average 0.5 point for the week ending December 5, 2019, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.75 percent.
Jobless Claims Decline
Thu, 05 Dec 2019 13:35:18 GMT
The Department of Labor reported in the week ending November 30 initial unemployment claims declined to 203,000, down 10,000 from the previous week.
Lessons From Listing Photos
Thu, 05 Dec 2019 13:33:29 GMT
It doesn’t matter how perfect your home is—if your listing photos don’t stand out, potential buyers won’t come.
Baby Boomers Staying Put
Wed, 04 Dec 2019 12:57:49 GMT
The cohort of Americans born between 1946 and 1964 “will continue to hold onto their homes,” rather than move to retirement communities like many of their parents did, according to the report.
Weekly Purchase Apps Increase Slightly
Wed, 04 Dec 2019 12:57:14 GMT
The seasonally adjusted Purchase Index increased 1 percent while the Refinance Index decreased 16 percent from the previous week, according to the Mortgage Bankers Association.