Tag: Real Estate News

June Real Estate News in Review

'June 2020 Real Estate News in Review

Here are all the real estate-related stories that hit the headlines in June.

'Mortgage Applications Continue to Drop Following Slight Rate Gain

Mortgage applications have once again dropped as a result of the slight increase in the average contract interest rate for 30-year fixed rate mortgages. Industry experts are also expecting to see a rate hike in June.

'Mortgage Rate Drops as Global Financial Markets Affect US Stock Market

Mortgage rates continue to drop, as global financial markets appear to have affected the U.S. stock market. While this continuous drop in mortgage rates seem beneficial to interested buyers, the rise in the selling prices of homes in the market appear to negate the said benefits.
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