The housing market, on the whole, remains constrained by the same factors that have kept it from growing for the past few months. Mortgage interest rates remain high, having stabilized at just over 7% in September, and overall housing inventory…
The real estate market has seen some turbulence as mortgage interest rates continue to rise, while demand for mortgages and refinancing both continue to fall. At the same time, inventory remains very low compared to potential demand, which helps to…
The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending August 25 and found that, for the first time in five weeks, the number of mortgage applications for home purchases and refinancing went up. However,…
LendingTree recently surveyed 2,000 people about homeownership. Results showed that, as much as they would like to, a majority said that will never happen. According to the survey, 94% believe that owning a house is still considered to be part…
ATTOM, a real estate data research firm based in California, recently announced that foreclosures in the first six months of this year were the most over a four-year period. From January to June 2023, there were 185,580 foreclosures – the…
There have been numerous ads on TV, the radio and the Internet urging homeowners to borrow money against their home to pay off high-interest credit card balances, pay for any repairs or remodeling or even take that vacation you’ve always…