Tag: mortgage rates

Pre-Existing Home Prices Dropped For First Time In 11 Years In February

'Mortgage Rates Fall for 3rd Consecutive Week, Downtrend Expected To Continue

Mortgage rates have fallen for the third consecutive week after climbing to nearly 8% in October.

'How Much Do You Need To Buy a Home in the United States?

As of August 2023, the average house cost in the United States hit $420,000, which means buyers must earn a six-figure income to afford a median-priced home.

Several Boats Floating in a Canal in Denmark

'Zero Mortgage Rates Possible in Denmark for 20 Years

Danes in Denmark can enjoy mortgage rates as low as zero percent in the next twenty years, and its country of Denmark is the only known location to offer such.

EDITOR'S PICKS

'Home Price Growth Predicted to Stall and Remain Throughout the Summer

While new contract signings have risen year-over-year in May, home price growth in June is predicted to see stalled growth that would remain throughout the summer, the latest report said.

By Grace Stewart
'Mortgage Rates Hit Another All-Time Low

Mortgage rates hit another all-time low, suggesting that a further drop below 3 percent could be recorded before the year ends, as pending home sales make a comeback in May.

By Grace Stewart
'US House Prices Seen to Grow Post-Pandemic

U.S. house prices are expected to survive the economic downturn and even projected to outpace consumer price increases, the latest survey results say.

By Grace Stewart
'Another All-Time Low for Mortgage Rates

Mortgage rates further declined to a new all-time low as of May 28, 2020, marking the third time that the record was broken in the last few months.

By Staff Reporter
'Housing Market Outlook Still Good Despite Plunge in Homes Sales Figures

Pending home sales dropped anew in April 2020, marking its second straight decline, but the prospects of increased buying activity in the coming months are high, the latest NAR report says.

By Staff Reporter
'Would Investing in Portland Real Estate Be a Good Idea?

There are many factors to consider when deciding on investing in real estate. There is the matter of mortgage rate, interest rates, local economies as well as real estate prices. Now, being in a borderless economy, even international trade and political views affect market fluctuations.

By Staff writer
'Slight Increase in Interest Rates Causes a Drop in Mortgage Applications

A lot of buyers have been flocking the market in this busy spring home buying season because of the low mortgage rates. While a lot of people are taking advantage of the rates nearing its lowest in three years, a recent report shows that there was a drop in the number of mortgage applications because of a slight increase in the interest rates.

By Staff Reporter
'Mortgage Rates: How to Get the Best Deal

Here are some tips on how to secure the best mortgage deals.

By Staff Reporter
'3 Mortgage Mistakes to Avoid Before It’s Too Late

Mortgage applications are on the rise as rates are close to hitting its lowest in three years. While now may be the best time to go house searching, it may be good to stop for a moment, re-evaluate your goals and find time to carefully think of your options in buying a home.

By Staff Reporter
'Mortgage Applications Increase as Interest Rates are Close to its Lowest in Three Years

Spring home buying has officially begun and all signs are pointing towards busy months ahead for the real estate market. While weather conditions are one of the factors, which make spring as the most ideal time for buying a house, it turns out more Americans are looking for a home in the market because of the lowered mortgage rates.

By Staff Reporter
'Mortgage Rates Drop Due To Stock Correction, Unpredictable Oil Prices, Presidential Election 2016

Mortgage rates forecasters saw the increase in interest rates for 2015 as a sign that home loan rates will also rise. However, the opposite hasd happened because the average on a 30-year fixed loan was at its lowest level this year and it could still go down into new record territory.

By Guenee Abragan
'House Signed Bill Extending Foreclosure Protection for Veterans

Service members and military families get a further relief as the foreclosure protection under the Servicemembers Civil Relief Act has been extended for another two years.

By Staff Reporter