Real Estate News
Pending Home Sales Edged Up 0.6% in August
[[{"value":"Month over month, contract signings rose in the Midwest, South and West but dropped in the Northeast. "}]] Read More
Mortgage Demand, Home Tours Up
Mortgage-rate locks rose 68% from a month earlier in the days after the Fed announced its interest-rate cut. Many house hunters had been waiting for the cut. Read More
August New Home Sales Fall
Expectations of the Federal Reserve beginning the first in a series of rate reductions kept potential home buyers in a holding pattern in August. Read More
U.S. Homebuilder Stocks Surge
Homebuilder stocks have surged as investors expect these companies to thrive from lower mortgage rates and a boost in building activity. Read More
Average 30-Year Rate Slips to Lowest in 2 Years
The rate on a 30-year mortgage dipped to 6.08% from 6.09% last week. The rate averaged 7.31% a year ago. Rates on 15-year fixed rose to 5.16% from 5.15%. Read More
Why Buying Now May Be Worth It in the Long Run
Should you buy a home now or should you wait? That’s a question a lot of people have these days. Read More
Hurricane Helene: Disaster Relief Fund Now Open
The storm is expected to make landfall on Thursday evening and could intensify to a strong Category 3. More than a dozen counties are under evacuation orders. Read More
New NAR Consumer Guide: Seller Concessions
The latest consumer guide covers rules for seller concessions, including when and where to offer them. Read More
Using Points to Lower Rates – Is it Worth it?
Borrowers should calculate the break-even point when buying discount points. They may lower the mortgage rate, but it might not be cost-effective overall. Read More