by MyInvestment | Dec 18, 2017 | Real Estate News
Home buyers pinching their pennies should rejoice: Existing-home prices are continuing to drop. Sorry, sellers! The median price of an existing home (i.e. one that has previously been lived in) fell 0.24% from September to hit $247,000 in October, according to the...
by MyInvestment | Dec 18, 2017 | Property Selling
Those frustrated by the lack of single-family houses on the market may soon get a little relief: Builders are planning to put up more new homes in the coming months. Finally. Builders secured 5.9% more permits, a strong indicator of the number of new homes to come,...
by MyInvestment | Dec 15, 2017 | Real Estate
Rates for home loans slid as the promise of sweeping tax reform increasingly came into question. The 30-year fixed-rate mortgage averaged 3.90% during the November 9 week, down from 3.94%, mortgage financier Freddie Mac said Thursday. The 15-year fixed-rate mortgage...
by MyInvestment | Dec 15, 2017 | Property Selling
New-home sales are back. After a few months of drops in the number of buyers scooping up these abodes with that fresh, never-been-lived-in smell, sales are once again surging. The number of buyers who closed on newly built residences spiked in September, according to...
by MyInvestment | Dec 15, 2017 | Real Estate News
President Donald Trump rejected the idea that Wells Fargo would skate on penalties associated with claims of mortgage lending abuse. Reports circulated this week that Mick Mulvaney, interim head of the CFPB, was reviewing prior settlements the agency had made in...
