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National mortgage rates in biggest weekly jump since April
percent, respectively. A basis point is 1 one hundredth of 1 percent. Mortgage applications reversed course, ticking up 1.6 percent for the week ending Sept. 14, according to the Mortgage......

Mortgage Rate Trend Index: Sept. 19, 2018
rates are headed. This week (Sept. 19-25), 75 percent of panelists believe mortgage rates will rise over the next week or so; 17 percent think rates will fall; and 8 percent believe rates......

Housing prices are resegregating the Bay Area, study finds
affordable housing. An aerial view of downtown Oakland, Calif. Adobe Stock "The housing market today is operating in the context of an architecture of segregation and vulnerability that was......

A Big Nuisance Entering More Homes This Fall: Spiders
don’t want them to drop from the ceiling while a potential home buyer is touring your property. Realtor.com® offered a few tips on how to get rid of the spiders from a home. The best way:......

Refinance mortgage share rises for first time in 2018
As mortgage rates remained mostly tepid throughout the summer, closed refinances had their first month of growth in August, according to Ellie Mae. The refinance share of closed loans went......

Housing starts rise more than forecast while permits slump
job market and lower taxes aid demand, rising property values and higher mortgage rates are hurdles for potential buyers. On the construction front, builders face higher costs, including for......

Mortgage applications increase for just second time in two months
Mortgage applications were up 1.6% from one week earlier, marking only the second increase of the past two months despite key interest rates rising, according to the Mortgage Bankers Association......

As industry shifts to technology, BMO Harris Bank is cutting face-to-face mortgage lenders
document sent to a laid-off employee shows the switch to call center mortgage applications is eliminating almost 170 positions in the bank’s eight-state market territory. Overall in the banking......

Northeast Ohio house prices climb in August
as $3.3 million for homes last month, the listing service reported. Home sales picked up, too, rising 4.2% from their August 2017 levels and picking up from July's pace. And properties changed......

Do You Spend Too Much or Too Little on Technology?
and apps, lockbox or smart-key devices, and social media platforms, according to NAR’s survey. Agents and brokers are increasingly leveraging social media to capture leads, promote listings......

Increased housing authorizations and maintenance spark inventory
from July. "These trends suggest that we are still in a healthy housing market, but the rate of growth is slowing," said BuildFax COO Jonathan Kanarek in a press release. Housing inventories......

RealtorsĀ® Reflect on Efforts to Stem Financial Crisis and Prevent Another
Ten years later, NAR’s Chief Economist looks towards the future of the housing market While the information provided below is decidedly U.S.-centric, “as the U.S. goes, so goes the world......

Homebuilder sentiment exceeds forecast as outlook brightens
fell, a National Association of Home Builders/Wells Fargo report showed Tuesday. The Housing Market Index remained unchanged from the prior month at 67 (the estimate was 66). The gauge of......

How Many Active Listings Can you Afford to Buy in the 100 Largest Metro Areas?
are currently listed for sale that you can afford to buy. The NAR Research Group and REALTOR.COM have partnered to conduct an analysis of affordability at different income levels for......

Housing market moves toward balance between sellers, buyers: Remax
The slowdown in home sales activity during August is more than just the normal seasonal lull and could mark the start of the housing market rebalancing, according to Remax. While the median......

North Texas home sales dipped in August
down from a year ago and prices growing at a slower rate. Home sales in North Texas were down 1% last month from August 2017 levels. In June, July and August — traditionally the hottest......

Sales declines signal Southern California housing market shift
first time in more than two years. Adobe Stock "Uncertainty about the housing market continues to mount," said CAR President Steve White. Homebuyers, White said, are reluctant to commit......

Hurricane Florence victims can get mortgage help, but beware of scams
a lender halts foreclosure starts for defaulted loans, or stops activity for foreclosures already in progress. Check government websites Most lenders make loans through Fannie Mae and Freddie......