Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

Posted on March 15th, 2020 by admin

The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates..

Negative Equity Falls to Pre-Recession Levels Thanks to Home Price Gains

Posted on March 13th, 2020 by admin

Homeowner equity jumped again in the fourth quarter of last year. CoreLogic’s report said it found that, among homeowners with mortgages, about 63 percent..

Renters Mistakenly Believe They’re Paying Less Than Owners

Posted on February 13th, 2020 by admin

Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception. In its new Profile of Today’s Renter and Owner, the company said it..

Backyard bungalows are becoming big business for homeowners and builders

Posted on October 23rd, 2019 by admin

KEY POINTS Second homes, formally called accessory dwelling units (ADUs), are cropping up in back and side yards across America, acting as either rental..

The 10 major U.S. cities where housing costs have increased the most

Posted on August 13th, 2019 by admin

If you want to live in a big city but have a tight budget, you may want to avoid places such as Miami and..

Millennials drive mortgage refinance boom, and lenders are scrambling

Posted on August 9th, 2019 by admin

KEY POINTS Refinance applications were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. That has..

Seattle Real Estate in July: Sales up 1.3% YoY, Inventory up 45% YoY from Low Levels

Posted on August 9th, 2019 by admin

The Northwest Multiple Listing Service reported Northwest MLS brokers report mixed activity during July, as volume of closed sales reaches 12-month high July provided mixed..

Home Purchase Sentiment Hits Record High

Posted on August 8th, 2019 by admin

There was an unusually large bump in Fannie Mae’s Home Purchase Sentiment Index (HPSI) in July.  The company said strong positive responses to questions..

Lower Interest Rates: What They Mean for Housing and the Economy

Posted on August 8th, 2019 by admin

Recent jolts to the economy stemming in part from an intensified trade war with China have worried markets and resulted in a significant decline..

This state is home to the best cities for renters

Posted on August 1st, 2019 by admin

Scottsdale, Arizona, is the top city for households who want to rent, largely due to its quality of life, according to an analysis by..

Back to Top