Local News & Advice
Mortgage refinance demand jumps
Applications to refinance a home loan, which are most sensitive to weekly rate changes, jumped 16%…
Mortgage rates plunge to lowest level in …
On Monday, the average rate on the popular 30-year fixed mortgage dropped nearly 23 (22.06)…
Proposed updates to Mortgage Interest Deduction
In a recent policy paper, The National Association of Home Builders (NAHB) highlighted an important change…
Home purchase cancellations set record
As we told you up top, 15% of homes (around 56,000) that went under contract…
Housing inventory is spiking
Housing inventory is up almost 40% over last year nationwide. That’s according to the latest…
International buyers pull back from the U.S. …
The amount of existing home purchases from international buyers fell 36% between April 2023 and…
Morgan Stanley: Homeowners are the “strong hands”
In a recent investment note, Morgan Stanley analysts say that U.S. homeowners are the “strong hands”…
Homebuyers gaining purchasing power
Homebuyers have gained $22,250 in purchasing power since mortgage rates hit a five-month peak in…