Survey

March 16, 2017

Mortgage Rates And Demand Both Climb Higher

According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates increased last week across all loan categories, including 30-year fixed-rate loans with both conforming and jumbo balances, loans backed by the Federal Housing Administration, and 15-year fixed-rate mortgages. But despite higher rates, demand for mortgage applications also rose …

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March 13, 2017

Why Aren't More Homeowners Looking To Sell?

Recent real estate data shows home buyer demand is high. There are a lot of buyers looking to take advantage of current conditions out of concern that mortgage rates may go up this year or prices will rise further. That, along with pent-up demand from younger buyers and previously …

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March 10, 2017

The Return Of The Gen X Home Buyer

Generally, Generation X is used to refer to people born in the 1960s and '70s. Because they reached peak home buying age right around the time home prices began to drop, many found themselves underwater on their mortgage and unable to sell their house and upgrade to a larger home. …

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March 9, 2017

Mortgage Demand Up As Buyers Get Ready

Demand for mortgage applications typically increases as the spring season approaches. Buyers hoping to find a home to buy look to get a jump on their competition by applying for a loan before the rush. This year is no exception. In fact, mortgage application demand was up 3.3 percent last …

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Posted in Survey
March 8, 2017

Americans Feel Good About The Housing Market

Each month, Fannie Mae uses the results of their National Housing Survey to determine Americans' views about housing market conditions and their personal economic outlook. The resulting Home Purchase Sentiment Index breaks down consumers' responses about the state of their financial prospects, whether or not they feel it is a …

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March 7, 2017

What New Homeowners Say They'd Do Differently

Buying a house is no small purchase. So you definitely don't want to find yourself regretting your choice after you've signed the papers and settled in. But though we all know it's an important decision and one to be taken seriously, a lot of new homeowners say they'd do things …

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March 3, 2017

How Inflation Might Affect The Housing Market

The dictionary definition of inflation is a “substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.” In other words, inflation means you get less bang for your buck. And, according to a new …

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Posted in Survey
March 2, 2017

Lower Rates Give Buyers Spring Fever

The Mortgage Bankers Association's Weekly Applications Survey is a measure of both mortgage rates and demand for loan applications. Conducted weekly since 1990, the survey is a good source for tracking market trends. According to the most recent survey, average mortgage rates fell last week across all loan categories. Rates …

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Feb. 27, 2017

What You Need To Know About Property Taxes

There are a lot of things to focus on when you're shopping for a house. Just for starters, you have to find the right house at the right price. That isn't necessarily going to be easy. But you also need to figure out how much of a down payment you're …

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Feb. 24, 2017

Is January's Sales Spike A Sign For Spring?

There has been a lot of discussion lately about what the housing market will look like this year. Will higher mortgage rates and rising prices hold off buyer demand or will consumer confidence and a better job market fuel a spike in sales regardless of what rates and prices do? …

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