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Category: Interest Rates

Interest Rates

Modern Style Home and House Styles

Posted onMay 21, 2022

Not every home has to incorporate all seven modern home style characteristics to be considered modern. Instead, modern features can be incorporated into other popular …

Interest Rates

US home sales continue to stumble as mortgage rates keep climbing

Posted onMay 20, 2022

Existing home sales fell 2.4% last month from March. The median home price in April jumped 14.8% from this time last year to $391,200. Homeownership …

Interest Rates

Real Estate Numbers Show Demand Continues to Outpace Supply

Posted onMay 20, 2022

In its March REALTORS® Confidence Index Survey (RCI), the National Association of REALTORS® (NAR) says demand continues to outpace supply, buyer competition remains intense, and …

Interest Rates

NJ job market strong despite inflation, interest rates

Posted onMay 20, 2022

New Jersey’s economy continued to make up ground from the pandemic after it added 14,800 jobs in April and saw its jobless rate tick down to …

Interest Rates

Higher interest rates already having impact on hot Phoenix housing market

Posted onMay 20, 2022

PHOENIX (3TV/CBS 5) — Homebuyers tired of getting shut out in the Valley’s red hot housing market could finally be getting some relief. HomeSmart Realtor …

Interest Rates

Demand for Illinois homes strong despite high interest rates

Posted onMay 19, 2022

ILLINOIS (WIFR) – April was a hot month, not for weather but for home sales across the state. Nearly 15,000 single-family homes and condominiums were …

Interest Rates

Home sales tumble again as mortgage rates surge

Posted onMay 19, 2022

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged, driving up borrowing costs for would-be buyers …

Interest Rates

Why Pimco Is Betting on Mortgage-Backed Securities

Posted onMay 19, 2022May 19, 2022

Dan Ivascyn’s journey from the small town of Oxford, Mass., to the C-suite of Pimco, one of the world’s largest and most successful bond investors, …

Interest Rates

San Diego County Home Prices Reach New High Despite Rising Mortgage Rates

Posted onMay 19, 2022

The median price of a home in San Diego County reached $840,250 in April of 2022 – a new record for the county and a …

Interest Rates

When to Refinance Your Mortgage

Posted onMay 18, 2022

Refinancing your mortgage can offer many benefits under the right circumstances. You may be able to lower your interest rate, pay off your loan faster, …

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