Local News & Advice

Mortgage refinance demand jumps

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 …

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

Proposed updates to Mortgage Interest Deduction

Ina recent policy paper, The National Association of Home Builders (NAHB) highlighted an important change…

Home purchase cancellations set record

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 spiking

Housing inventory is up almost 40% over last year nationwide. Thats according to the latest…

International buyers pull back from the U.S. …

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”

Morgan Stanley: Homeowners are the “strong hands”

In a recentinvestment note, Morgan Stanley analysts say that U.S. homeowners are the strong hands…

Homebuyers gaining purchasing power

Homebuyers gaining purchasing power

Homebuyers have gained $22,250 in purchasing power since mortgage rates hit a five-month peak in…