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Rates for 15-year mortgages continue slow rise from prior lows
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans Rates for 15-year mortgage loans continued to creep ever-so-slightly upward this week, continuing a gradual rise that ...
Despite cooling housing market, pending sales continue to climb
During the 4-week period ending Sept. 5, pending sales rose 6% from the year before, according to a report released Wednesday by Redfin The number of homes sold above list price — and the number of homes sold within a two-week period — con...
Even before the pandemic, rents weren’t expected to rise this high
Rent prices were 9% higher in July than at the same time last year, evidence of a rental market recovery in full swing The nation’s rent prices had already surpassed pre-pandemic expectations, but now they’re leaving them in the d...
Half of homes sold over list price in July: Study
But the latest numbers, provided by OJO Labs, do hint at possible improvements in the ongoing inventory shortage Approximately half of homes in the U.S. continued to sell for more than their asking prices in July, according to a new analysis f...
Compass CEO: There’s ‘incredible’ demand from foreign buyers
Robert Reffkin also said he expects the New York City real estate market to rebound and that housing in general should thrive in the near-term future A year and a half into the coronavirus pandemic, U.S. agents who focus on higher end...
Selling to buy? It should get easier in coming weeks, report say
Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report Rapid home price growth is finally expected to slow if current trends continue, according to a new data a...
Rising home prices boost demand for jumbo mortgages
Rates on jumbo loans are currently lower than conventional mortgages, but could surge higher in the months ahead Demand for purchase loans rose last month to levels approaching records set in March, but rising home prices mean homebuyers are i...
Millennials, baby boomers upbeat about current housing market
A large majority of Americans think now is a good time to buy and sell, though only a minority think the market will stay strong for another year Most Americans are currently upbeat about selling a home in today’s market, according ...