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Twin Cities housing market continues possible shift toward buyers
The Twin Cities housing market continues to show signs of a shift to a buyers' market. The Minneapolis Area Association of Realtors on Wednesday released its report on September activity, which......

Fannie Mae lowers 2018 origination estimates as housing market weakens
housing sentiment from both consumers and lenders led us to lower our home sales forecast over the duration of 2018 and 2019. Meanwhile, affordability, especially among first-time homebuyers......

Average mortgage rates decline, at least for one week
4 0.3 Margin N/A N/A 2.77 "The modest decline in mortgage rates is a welcome respite from the rapid increase in rates the last few weeks," Sam Khater, Freddie Mac's chief economist, said......

Take a Peek at What the Top 1 Percent Have in Savings
as stocks. Today, however, CDs—though protected by the Federal Deposit Insurance Corporation (FDIC)—just don’t yield enough to justify locking your money up for any period of time. Certificates......

Atlanta home sales dive from year ago
The retreat in Atlanta's housing market is becoming a rout: the number of home sales last month took a double-digit tumble from a year ago, according to two reports issued this week. While......

Hawkish Tone in Fed Minutes Appears to Keep Market Under Pressure
results. Housing Data Disappointment: After midweek government data on the U.S. housing market disappointed, a question is whether housing data scheduled for release tomorrow might also come......

Mortgage Rate Trend Index: Oct. 17, 2018
rates are headed. This week (Oct. 17-22), 18 percent of panelists believe mortgage rates will rise over the next week or so; 18 percent think rates will fall; and 64 percent believe rates......

7 outrageously priced homes that reveal an ominous sign for the housing market
and the path to homeownership is looking increasingly bleak. Analysts suspect the housing market is headed towards a slow crawl, and in certain parts of the country, outrageous home prices have......

Refinance rates tick lower for Thursday
Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated October 17, 2018. Methodology: The rates you see above are......

Mortgage rates edge down, but remain above 5 percent
year. Despite slack in existing-home sales, driven by rising home prices and mortgage rates, housing demand will remain strong, said Mike Fratantoni, MBA’s chief economist. A lack of new building......

Realtors® Applaud Administration’s Calls to End Conservatorship
administration priority to end the conservatorship of Fannie Mae and Freddie Mac. NAR President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX......

Northeast Ohio home sales down 5.9% in September
Northeast Ohio home sales stuttered in September, cooling as autumn set in and as prices and mortgage rates climbed. Sales of new and previously owned homes were down 5.9% across the region......

Housing starts fell last month amid Hurricane Florence
solid job market, lower taxes and post-storm rebuilding, overshadows headwinds including rising mortgage rates and property prices. On the other hand, permits for multifamily housing fell......

Mortgage application volume declines again, but purchase activity up
Mortgage applications decreased sharply from one week earlier as key interest rates stayed above 5%, although purchase volume grew from a year ago, the Mortgage Bankers Association reported. The......

Real Estate Agents Answer: What's The One Thing You Wish Sellers Knew?
account the type of sale in situations such as short sales and foreclosures." - Earl White, Co-Founder, House Heroes Realty Great photos get buyers in the door: "Sellers need to know that an......

Tackling San Diego’s Affordable Housing Crunch
initiative? How would rent control restrictions on new buildings affect the affordable housing market in the area? Silverwood: We are opposed to rent control as it may impact even affordable......

Cooling market? Austin home sales dip, but prices set record
Flat home sales last month lowered the temperature a bit in the long-hot Central Texas housing market, according to new data from the Austin Board of Realtors. But the 0.9% sales......

Mortgage rates drop for Wednesday
Multiple closely watched mortgage rates decreased today. The average rates on 30-year fixed and 15-year fixed mortgages both declined. The average rate on 5/1 adjustable-rate mortgages, or ARMs......

Bill Miller On Why The Bond Market Won’t Kill The Stock Market
economy. As yields on the 10-year Treasury hit nearly 3.25% and mortgage rates zipped to 5%, stock markets plunged. Given these moves, it’s easy to assume the bond market will kill the stock......

MBA Forecast: Purchase Originations to Increase to $1.2 Trillion in 2019
While the Federal Reserve is expected to increase short-term rates further, 30-year mortgage rates should rise only modestly from here," said Mike Fratantoni, MBA chief economist and senior vice......

Study: ‘Green’ Homes Sell for More, Depending on the Agent
is a price boost for “green” homes at resale. Some studies of home sales in California and Texas, for example, have shown green-certified homes tend to sell for anywhere from 2.1 percent to 8......

Home sales around Toledo area fall into usual autumn slump
were sold last month in the Toledo area. Despite the drop in home sales last month, two other metrics continued their long-term trend: Home prices rose while inventory declined. AdobeStock......

Millennials drive mortgage origination rises in 2020 and beyond: MBA
"While the Federal Reserve is expected to increase short-term rates further, 30-year mortgage rates should rise only modestly from here. We are seeing some deceleration in the rate of home price......