Mortgage rates drop below three percent for the first time
MarketWatch | Jacob Passy At the beginning of the coronavirus pandemic, mortgage industry experts forecast that benchmark interest rates might fall, but wouldn’t drop below...
Category : Industry News
Homebuilders seeing strong sales boom nationally
CNBC | Diana Olick It is the perfect storm for the nation’s homebuilders. A sharp decline in the supply of existing homes for sale, increasing...
Boise is named one of the best cities for first-time buyers
Boise, Idaho comes in #2 on WalletHub’s recent list outlining the best cities for first-time home buyers! The list was compiled based on 26 key...
NAR releases insights from Market Recovery Survey
REALTOR Magazine | Melissa Dittmann Tracey Real estate, like many other industries, was forced to adjust to the COVID-19 pandemic, from changing home tour procedures...
Millennial mortgage activity increases during peak of home-buying season
Mortgage Professional America | Candyd Mendoza Not even a nationwide lockdown could stop millennials from securing the lowest average interest rate on 30-year mortgages in...
Helpful link roundup – COVID-19 (7/7)
Please see below for this week’s roundup of a few pieces of news related to COVID-19 that may be of interest during this time. National...
FICO’s new credit index may help more borrowers qualify for a mortgage
REALTOR Magazine Fair Isaac Corp., the creator of the widely used FICO credit score, released a new credit index this week that could help more...
More than 60 John L. Scott brokers / teams recognized by REAL Trends
John L. Scott Real Estate was strongly represented on two rankings recently announced by REAL Trends – their The Thousand and America’s Best lists! 64...
Second homes are gaining in popularity among luxury buyers
REALTOR Magazine The luxury housing market rebounded with force in May, outpacing the rest of the market in price growth and listing views online, according...
Mortgage demand spikes to 11-year-high as rates are historically low
CNBC | Diana Olick Buyers are rushing back into the housing market, enticed by record low mortgage rates and a pandemic-induced need to nest like...