Fed keeps interest rates near zero, mortgage rates drop sharply RISMedia On Dec. 16, the Federal Reserve announced it would be keeping its short-term interest rate… Continue reading
Pending home sales hit all-time high MPA | Candyd Mendoza Pending home sales increased for the fourth consecutive month in August, according… Continue reading
Study: 3 in 4 mortgage holders could benefit from refinancing REALTOR Magazine The 30-year fixed-rate mortgage continues to hit new all-time lows practically on a monthly… Continue reading
Federal Reserve predicts 2.5 years of ultra-low rates The Mortgage Reports | Tim Lucas Mortgage rates plummeted Wednesday after suffering painful increases late last… Continue reading
Can’t find an affordable FHA-approved home? You have options. Associated Press | Kate Wood, NerdWallet […] It’s unsurprising that FHA loans are especially popular with… Continue reading
Washington Real Estate Excise Tax (REET) change coming Jan. 1 Northwest MLS Effective Jan. 1, 2020, Washington state will begin calculating Real Estate Excise Tax (REET)… Continue reading
Report: consumer house-buying power is the highest it’s been since 1991 HousingWire | Alcynna Lloyd In June, consumer home-buying power increased by 12.2 percent from the previous… Continue reading
Certain home sales of $400,000 and under may soon not need an appraisal HousingWire | Ben Lane A proposal to increase the threshold at which residential home sales require… Continue reading
Homeowners could benefit from refinancing with current rates REALTOR Magazine A recent sharp drop in mortgage rates hasn’t unlocked savings just for those looking… Continue reading
Share of borrowers with interest rates under 5% is growing According to a report from LendingTree, 85 percent of borrowers received rates lower than five percent.… Continue reading