Trends

Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS)
Mortgage rates were mostly down this week, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 3.88 percent for the week ending Oct. 19, down from last week when it averaged 3.91 percent. The 15-year FRM this week averaged 3.19... Keep Reading....
Home sales declined in September, marking the fifth month this year when sales fell year-over-year, according to new data from RE/MAX
Home sales declined in September, marking the fifth month this year when sales fell year-over-year, according to new data from RE/MAX. However, sale prices were up in September, which marked the 71st consecutive month of year-over-year price increases.   Last month saw a 4.2 percent year-over-year... more
Federal housing vouchers for low-income renters are too low to cover the market rent in many of the nation's job centers, according to a data analysis from Zillow
Federal housing vouchers for low-income renters are too low to cover the market rent in many of the nation's job centers, according to a data analysis from Zillow.   In its study, Zillow focused on the Department of Housing and Urban Development (HUD) Housing Choice Voucher program, which is... more
Hey, mon, you wanna see your home values get high? Then make sure your home is near a retail marijuana dispensary
Hey, mon, you wanna see your home values get high? Then make sure your home is near a retail marijuana dispensary.   According to a report in the Colorado Springs Independent, a report titled “Contact High” by researchers with the University of Wisconsin and California State University studied the... more
The average 30-year fixed mortgage rate posted its biggest week-over-week increase since July, according to new data from Freddie Mac
The average 30-year fixed mortgage rate posted its biggest week-over-week increase since July, according to new data from Freddie Mac.   The 30-year fixed-rate mortgage (FRM) averaged 3.91 percent for the week ending Oct. 12, up from last week when it averaged 3.85 percent. The 15-year FRM this... more