As the stock market declined, so did mortgage rates offering a bad new-good news situation.
January Monthly Skinny Video
For 2020, the National Association of REALTORS’ Chief Economist, Lawrence Yun, sees good news for home prices.
December Monthly Skinny Video
“Buyer demand continues to be strong, especially given the supply constraints.”
November Monthly Skinny Video
Prices increased in year-over-year comparisons, and this will likely remain the case for the rest of the year.
October Monthly Skinny Video
Fannie Mae is predicting that continued low rates and possibly lower rates are expected in 2020.
September Monthly Skinny Video
“Nationally, buyer and seller activity remained strong, buoyed by low mortgage rates.”
Mortgage Rates Jump
October 17, 2019
Despite this week’s uptick in mortgage rates, the housing market remains on the upswing with improvement in construction and home sales. While there has been a material weakness in manufacturing and consistent trade uncertainty, other economic trends like employment and homebuilder sentiment are encouraging.
Information provided by Freddie Mac.
Mortgage Rates Jump
October 17, 2019
Despite this week’s uptick in mortgage rates, the housing market remains on the upswing with improvement in construction and home sales. While there has been a material weakness in manufacturing and consistent trade uncertainty, other economic trends like employment and homebuilder sentiment are encouraging.
Information provided by Freddie Mac.
August Monthly Skinny Video
“There’s a lot of interest in the housing market and how a changing economy affects one’s position within it.”
July Monthly Skinny Video
Home price growth has slowed and now more closely matches income and wage growth – a healthy development.