An ideal macroeconomic backdrop for the yield-sensitive equity sectors, REITs (VNQ and IYR) continue to outperform. the.
Sam Khater, Freddie Mac’s chief economist, says, "Despite the recent rise in mortgage rates, both existing and new home sales continue to show strength – indicating the lagged effect of lower rates on housing demand. This, along with improved affordability, should push housing activity higher in the coming months." News Facts
U.S. mortgage rates continue 3-week climb – bizjournals.com – U.S. mortgage rates continued to climb higher this week for the third week in a row, according to Freddie Mac. The 30-year fixed mortgage averaged 4.17 percent for the week ending April 18, up.
Mortgage rates climb for fourth straight week as easy money crackdown begins – Rates for home. to apply for a mortgage: applications hit a nine-year high in recent weeks, according to the Mortgage Bankers Association. But lending standards are going to get a bit more strict..
Mortgage rates will go up (again) Mortgage rates can be difficult to pin down with precision, but experts agree on one thing: Rates will stay north of 5 percent throughout 2019.
Small housing inventory may push rental demand for years Foreclosures down for third straight month as lenders manage backlog: RealtyTrac HomeBridge sees huge growth opportunity in Detroit’s comeback The flight out of the city already slowed to a trickle the past few years, and local leaders see hopeful signs this once proud city is poised for a comeback. "Detroit’s back, baby," says Dominic Russo, buying and sales director for Rocky Produce, Detroit. "There are many big things going on to rejuvenate the city, and it’s great to see.U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders. It was the second-consecutive monthly decline in filings, although there.Housing market to be a buyer's market by 2019, Zillow says. – This forecast depends on a meaningful increase in housing inventory levels, which would slow the pace of house price increases. Zillow predicts that the growth rate in house prices will drop to 3%.
The change is not dramatic, and many lenders continue to offer. if you could get a fixed-rate mortgage at all, the rate was typically about 17 percent. Now it is down to 12 percent for mortgages.
Homeownership falls to lowest level since 1998 JPMorgan analysts see housing prices falling until mid-2011 Treasury doesn’t want former Fannie CFO in GSE investor lawsuit fha mortgage insurance premiums won’t be going down in 2015 · Unlike private mortgage insurance (pmi), which has a range of costs depending on the borrower’s credit score and down payment, FHA Mortgage Insurance Premiums (MIP) go by down payment only. Borrowers with less than a 5% down payment are charged 0.85% of the outstanding loan amount each year, while borrowers with more than a 5% down payment are.Todd Mobraten announces resignation from USRES, RES.NET The agreement between RE/MAX and RES.NET, announced in February, provides RE/max agents direct access to RES.NET’s cloud-based platform and enables them to better cultivate relationships and manage transactions, dramatically improving the experience for consumers.Pending home sales hit two-year high: NAR Contracts to buy previously owned U.S. homes rose to their highest level in three years in April, but a shortage of properties for sale could slow down the momentum. pending home sales hit three.