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Instant Reaction: Mortgage Rates, July 25, 2024
Instant Reaction: Mortgage Rates, July 25, 2024 The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week. By: Jessica Lautz Mortgages & Home Financing Powered by [...]
June 2024 Existing-Home Sales Drop as Median Price Hits $426,900
June 2024 Existing-Home Sales Drop Housing market activity declined 5.4% from May to June 2024, and all four regions of the U.S. saw year-over-year home price growth. By: Michael Hyman Powered by WPeMatico
The Housing Affordability Index: Home Prices Surge and Rising Mortgage Rates Troubled Affordability in May 2024
Diminished Housing Affordability in May 2024 The monthly mortgage payment increased by 3.9%, while the median price of single-family homes rose by 5.7% (from $401,500 to $424,500) year-over-year. By: Michael Hyman Powered by WPeMatico
Top Home Features Swaying Buyers’ Purchase Decisions
Top Home Features Swaying Buyers’ Purchase Decisions A new study suggests touting these property upgrades in your listing description to achieve a quicker sale. By: Melissa Dittmann Tracey Working With Sellers, Staging, Design & Architecture, [...]