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Austin-area home sales, prices set September records
Home sales and the median sales price in Central Texas hit all-time highs for any September on record, the Austin Board of Realtors said Tuesday. In its latest monthly report, the......

Fannie Mae bumps its 2019 origination estimate up another notch
...based partly on a stronger housing outlook. "The upward revisions to our home sales forecast and 2020 home price path led to an increase in our forecast of purchase mortgage originations to......

New-home mortgage applications fall on uncertainty over rates, economy
Mortgage applications to purchase new homes dropped 8% in September from August, as ongoing uncertainty over interest rate movements and economy likely kept buyers out of the market, the Mortgage......

How To Get A Mortgage When You’re Self-Employed
...and, with a little preparation, you’ll be ready to hit the housing market before you know it. Have two years of tax returns on hand Being able to prove that you have a source of stable income......

Home starts fall from 12-year high on multifamily drop
...a 12-year high though the key single-family category was stable, signaling the housing market is firming amid low mortgage rates and steady demand. Residential starts fell 9.4% to a 1.26 million......

Mortgage Rates Rise, But There’s Still Hope For Homebuyers
Getty Mortgage rates continued their ping-ponging this week, inching up to 3.69%, according to Freddie Mac. That’s .12% higher than last week, but still 1.16% lower than this time......

Earning $100,000 Used To Mean Something. Now, You Can Barely Afford To Buy A Home—Here’s The Big Problem
...may be for them to enter the market. Priced out of the housing market, there may be a large segment that will not benefit from the tradition of home own......

From Condos To Mansions, What $1 Million Gets You In Today’s Housing Market
Getty Although a million-dollar home conjures many images, a condo less than 1,200 square feet is not usually among them. Yet, that is precisely how far your hard-earned dollar will go in San......

September New Home Purchase Mortgage Applications Increased 34.2 Percent Oct 17, 2019
...Bankers Association (MBA) Builder Application Survey (BAS) data for September 2019 shows mortgage applications for new home purchases increased 34.2 percent compared to a year ago. Compared to......

The Student Debt Crisis Is Crushing Entrepreneurship
...Lots, according to economists. Data suggests that young Americans are entering the housing market later, they are more likely to be living with their parents, they are having fewer children, and......

Mortgage rates climb as Fed points to housing market as high point of the economy
...rate is 0.41 percentage points lower than the 52-week average. The housing market stays strong Fueled by low interest rates and a robust labor market, housing activity indicators point to......

Mortgage rates rise for Thursday
Several key mortgage rates notched higher today. The average rates on 30-year fixed and 15-year fixed mortgages both floated higher. Meanwhile, the average rate on 5/1 adjustable-rate mortgages......

Refinance rates move up for Thursday
...Trend Index. Want to see where rates are right now? See local mortgage rates. Average mortgage rates Last week Last updated October 16, 2019. Methodology: The rates you see above are......

Rising Rents: a Boon to Commercial Investors but a Bane for Renters
...Mall 6.5 Apartment 5.9 Hotel/Hospitality 6.8 Source: 2019 Q3 NAR CRE Market Survey For $2.5 million or less properties In the multifamily market, low rental vacancy rates......

Redwood Trust buys single-family rental lender CoreVest
...lending sector, an area of residential lending that increases liquidity in the housing market by enabling investors to efficiently finance purchases of both single-family and multifamily investment......

Can Your Home Help You Live Longer?
...that brings wellness features to buyers is an alluring amenity in the housing market. Some developers are even advertising that their homes may capable of extending your life. Some homeowners......

A Home That Can Make You Live Longer?
...that brings wellness features to buyers is an alluring amenity in the housing market. Some developers are even advertising that their homes may capable of extending your life. Some homeowners......

Fed Calls Housing the Bright Spot in Economy
...October 16, 2019 The economy shows signs of sluggishness, but not the housing market, according to a new report released this week from the Federal Reserve Bank of New York. Consumer spending......

Even Move-Up Buyers Face Fraught House Hunts
Low mortgage rates are drawing out more home buyers who want to take advantage of the decrease in borrowing costs, but they’re increasingly growing frustrated as the selection of properties narrows......

Homebuilder sentiment climbs to highest since February 2018
...sales and the demand outlook. The National Association of Home Builders/Wells Fargo Housing Market Index rose 3 points to 71 in October, marking the fourth straight advance and exceeding all......

Mortgage applications increase in spite of interest rate volatility
Mortgage applications increased 0.5% from one week earlier, although interest rate instability affected consumers' ability to get the best price for their loan, according to the Mortgage Bankers......

Colorado Springs' housing market still strong
...the latest report by the Pikes Peak Association of Realtors: — Local home sales totaled 1,394 in September, a 9.5% jump over the same month last year. Through the first three quarters of the......

Mortgage Applications Increase in Latest MBA Weekly Survey Oct 16, 2019
) - Mortgage applications increased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending......

Big Isle housing mixed; Kauai prices, sales drop
Hawaii island's housing market turned in mixed results in September but the results were worse on Kauai where sales and prices fell for both single-family homes and condominiums. On Hawaii......

Mortgage rates higher for Wednesday
Several key mortgage rates floated higher today. The average rates on 30-year fixed and 15-year fixed mortgages both cruised higher. The average rate on 5/1 adjustable-rate mortgages, meanwhile......