by Rose Lopez | Dec 21, 2022 | Real Estate
KEY POINTS The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.65% from 5.45%. “Last week’s purchase results varied, with conventional applications declining 2% and government applications...
by Rose Lopez | Dec 21, 2022 | Real Estate
Mortgage rates continued inching up this week, nearing a threshold that would bring the average American household to a financial tipping point, warns Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®. The 30-year...
by Rose Lopez | Dec 21, 2022 | Real Estate
The news has not been great for first-time homebuyers lately. True, just about every type of buyer has woeful stories to tell about today’s stressed housing market, but first-timers? They have found themselves in an unfortunate league of their own. The reason:...
by Rose Lopez | Dec 21, 2022 | Real Estate
The current investment climate in the United States is volatile. The Bureau of Economic Analysis’s third-quarter GDP readings, while positive, reveal a lackluster performance by the U.S. economy. Inflation is high, and the financial markets remain unpredictable....
by Rose Lopez | Dec 21, 2022 | Real Estate
The bathroom is one of the most important rooms in the home. Not only is it a sanctuary, but it’s also a space where the right design choice can add value. 2022 was a unique year for bathroom trends because it didn’t appear that there was anything majorly new,...
