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…
Category: Finance
Pending home sales hit all-time high
MPA | Candyd Mendoza Pending home sales increased for the fourth consecutive month in August, according…
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…
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…
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…
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)…
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…
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…
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…
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.…