Mortgage Rates Heading in The Right Direction
Mortgage applications rose 11% in the week ending May 2, 2025, according to the Mortgage Bankers Association. Both refinance and purchase ap…
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30 Second Market Update
Pending Home Sales Increase as Home Values Continue to Accelerate
Pending home sales, which measures signed contracts on existing homes, rose by 6.1% in March 2025 which was the largest monthly increase sin…
Read moreSellers Are Finally Having to Give Concessions
According to Redfin’s national report, home sellers are increasingly offering concessions, such as covering repair costs or helping buyers w…
Read moreMortgage Insurance Premium Tax Write-Off Back On The Table
A bipartisan group of lawmakers, led by Rep. Vern Buchanan (R-FL) and Rep. Jimmy Panetta (D-CA), has introduced the Middle Class Mortgage In…
Read moreConsumers Are Poised to Act When Rates Present An Opportunity
According to the Mortgage Bankers Association, mortgage applications jumped 20% the first week of April—the highest since September 2024—as…
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Get pre-qualified Call 800-778-9044Baby Boomers are Driving the Housing Market
The National Association of Realtors’ 2025 Homebuyers and Sellers Generational Trends report showed that baby boomers have overtaken millenn…
Read moreHome Prices Continue to Appreciate
The Case-Shiller Home Price Index, which is known as the best way to track home prices, showed that home prices went up by 0.6% in January.…
Read moreMortgage Rates Drop to the Lowest Level in Five Months
Mortgage rates have dropped to their lowest level in five months, sparking increased activity in the housing market. The 30-year fixed-rate…
Read moreMortgage Demand Surges Higher After Interest Rates Drop
A recent drop in mortgage interest rates has spurred a surge in loan demand, both from current homeowners and potential buyers. Mortgage app…
Read moreReal Estate Continues to Heat Up
The Case-Shiller Home Price Index, known as the top measure for home appreciation, showed that home prices went up by 0.5% in December after…
Read moreTime To Buy
U.S. home prices rose 0.6% in the month of January from the previously reported number and slightly faster than the 0.5% growth seen in the…
Read moreA Record Percent of Buyers are Planning to Move in 2025
A recent NerdWallet survey shows a record-high 15% of people plan to buy a home this year, up from 9-11% in previous years. This signals pen…
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