Mortgage News for May 21, 2021

Mortgage News for May 21, 2021

Prices Rose Everywhere99% of metro areas saw home prices rise in the first quarter of the year, according to the National Association of Realtors. Though some cities saw year-over-year jumps as high as 35%, even smaller places saw at least modest rises. Experts credit...
Mortgage News for May 14, 2021

Mortgage News for May 14, 2021

Mortgage Market Update Experts Say the Housing Market isn't About to Crash - Real Estate Market Boom ContinuesRecord sales, high demand, soaring home prices, low rates; the real estate market hasn't been this hot since before the crash of 2008. As the real estate...
Mortgage News for May 7, 2021

Mortgage News for May 7, 2021

Mortgage Market UpdateFirst-time Homebuyer Tax CreditRecent legislation seeks to bolster homeownership for low to middle-income earners. The newly introduced "First Time Homebuyer Act" could provide a tax credit of up to 10% of the home purchase price, or $15,000, to...
Mortgage News for April 30, 2021

Mortgage News for April 30, 2021

Mortgage Market UpdateA Closing Door for Rates For homeowners wondering if it's a good time to upgrade to a different home: While you have heard, no doubt, that housing supply is tight and prices are high, there are several reasons why it may be a good time to buy -...
Mortgage News for April 23, 2021

Mortgage News for April 23, 2021

Self-Employed BuyersSome 92% of Americans polled said now is a good time to consider self-employment. About 57% would take a gig job while between jobs; 52% would like a long-term contract with flexible hours. The survey indicates more homebuyers may use self-employed...
Mortgage News for April 16, 2021

Mortgage News for April 16, 2021

Half as Many Houses AvailableThe housing market currently has a limited supply of potential buying options. Prospective buyers shopping today have 52% fewer homes to choose from than at this time last year, according to Realtor.com's Monthly Housing Trends Report....