There has never been a better time to buy a new home. Rates have been low for a while, but rates and home values have never intersected at there current levels at the same time. What is happening, actual values have been lower than percieved values for quite a while. With lower house values, low [...]
When January’s home resales fell 7.2% from December and new-home sales plunged to a record low, winter weather became the fall guy: The Northeast has had more than its fair share of snow and ice, which typically leaves consumers thinking more about hot cocoa indoors than houses. Other regions have been similarly afflicted by the [...]
When looking back on the week that was, it seems like mortgage rates went on a wild ride. Lenders repriced for the better and lenders repriced for the worse, sometimes they did both on the same day. Yet, ahead of the most influential economic report released by the government, rates managed to find their way [...]
