– Trends: Follow the demographics and focus on seniors More small business owners are relocating to states like Florida to tap into an expected surge of baby boomers who are longing for warm climate retirement. 1 in 5 borrowers think they chose the wrong lender 21% of mortgage borrowers...
– With Fed hike done deal, economists eye next one All things being equal – meaning the U.S. economy keeps improving and new batches of data prove it – the Fed might raise short-term interest rates again in March. Failure to qualify for a mortgage: Top 3 reasons One...
– 30-year mortgage rate rises again – to 4.16% It’s the seventh week in a row for increases, and two out of three mortgage experts polled this week predict they’ll continue to rise over the short term. Owning a home with son not worth the risk Real estate QandA:...
– Fed raises key interest rate for first time in year The Federal Reserve raised short-term interest rates by a quarter point, which could impact some adjustable-rate mortgages and other consumer loans. Renting better than buying in more U.S. cities FAU/FIU study: With the cost of a home rising...
– Struggling homeowners get holiday break Most lenders, along with Fannie Mae and Freddie Mac, say they won’t evict homeowners going through foreclosure during the holiday season. Trends: Today’s buyers want a ‘healthy home’ When today’s buyers weigh home choices, many consider more than good schools, granite countertops and...
– Rising mortgage rates could tighten listing inventory While higher rates would hurt buyers, they could also entice current owners not to move so they can keep enjoying their current lower-rate monthly payments. Solar’s Florida future: mostly sunny Voters defeated Amendment 1 in Nov., removing one regulatory hurdle for...
– 30-year mortgage rates rise to 4.13% It’s the highest level for the year following a six-week rise after the presidential election. But no expert polled this week predicts more increases. Flipping down in 3Q – but 4 Fla. metros in top 10 Four Fla. metro areas made ATTOM’s...
– Real estate speakers see challenges, opportunities Top economists meeting at NAR’s Washington headquarters said that it’s tough out there for buyers right now, especially first-timers – but help is available. Election sparks more Republicans to buy a home In a post-election Trulia survey, 26% more Republicans think 2017...
– Report: Home prices still ‘have room to run’ Fla. ranks second for improving “housing market stability” year-to-year, says Freddie Mac, and its MiMi Index for Fla. (86.7) beats the national index (86.7). Start at the beginning to attract more buyers Survey: Even a conversation about credit scores may...
– 30-year mortgage rate rises again, now at 4.08% The average FRM reached its highest point of the year this week following a post-election surge in prices – and 50% of experts think the trend will continue. Mortgage rate increases help and hurt homebuyers The post-election mortgage-rate increase has...
