Interest rates continue to drop, mortgages are holding a historical low, wage growth is slowly increasing while unemployment percentages remain low, consumerism is healthy and the economy is at a strong point – the housing market is booming! Except, it...
It’s one of the most common questions being asked. Will there be a housing market crash in 2020 or will it continue to rise? There have been certain indications, such as, changes to the federal interest rate or trade disputes...
Here's the August 2019 Real Estate and Mortgage Trends. Mortgage rates have continued to hold steady at a historic low. The 30-year fixed mortgage has dropped below 3.5 percent! ...
At the end of July, Chairman Jerome Powell announced a cut in interest rates for the first time in over a decade. The Federal Reserve made a cut of 0.25 percent or 25 basis points – the first such move...
There were predictions to see a significant downturn in the demand for high-end real estate in 2019. World trade activity, geopolitics, and the anticipation of price being affected by inventory may have caused...
Buyers and homeowners are capitalizing on the historically low levels of mortgage rates we’ve seen this last month. There’s been a big jump in mortgage applications, up 41% annually, because buyers are interested in the best rates even if home...
Mortgage rates in the USA are currently at a low and it’s having a great impact on our housing markets. On June 13th Freddie Mac reported that the average interest rate...
According to the UCLA Anderson Forecast, California’s economy will continue to grow in the coming years – but the pace will slow alongside a sluggish economy on the national level. The Bureau of Labor Statistics states that the California unemployment...
Mortgage rates continue to plummet hitting their lowest since early 2018. After Memorial Day weekend, rates fell in response to trade war tensions and market volatility....
New reporting found that 1 in 3 people who plan on purchasing a home in the next three years think the outdated requirement of needing 20% down to purchase a home is still true. This misconception has kept an astonishing...