Mortgage Market UpdateLowest Ever Inventory Faces Exploding DemandIn December, the number of homes for sale sank to an all-time low, dipping below 700,000 for the first time ever. With demand remaining high, homebuyers can expect a bidding war and that they may have...
Housing Market UpdateLast Year's Hottest Home UpgradesDesigners and contractors had a busy 2020 helping homeowners update their homes. Many closets received a full makeover, creating better organization with custom storage and shelving units. Thanks to COVID, mudrooms...
Mortgage Market UpdateHomeowners Building More EquityGood news for homeowners - property appreciation has surged to its highest level since 2014, enabling you to build more wealth. As of the third quarter of 2020, the average homeowner gained about $17,000 in equity...
Real Estate Market UpdateA Place to Live or an Investment?A home is both a residence and an investment. The real estate market can be a great place to put your money. Buying at the right price, obtaining a historically low rate, or refinancing when the math makes...
Housing Market UpdateMortgage Rates Remain Surprisingly SteadyMortgage-backed securities (MBS) influence mortgage rates. Normally, when the MBS market moves as it did last week, rates increase noticeably. Rates, though, continued to operate very close to all-time...
Mortgage Market UpdateBuild Wealth Like CelebritiesDespite million-dollar incomes, many of your favorite actors, professional athletes, and musicians opt to take out a mortgage on their home. Why do celebrities willingly pay interest when they can make an all-cash...
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