MORTGAGE RATES JUMP AGAIN The Freddie Mac fixed rate for a 30-year loan pushed upward again for the fourth consecutive week, with an 11 basis point gain to 3.56%. This is the highest rate since March 2020, and followed the … Read More
FORECLOSURE ACTIVITY DROPS TO ALL-TIME LOW “The COVID-19 foreclosure tsunami that some people had anticipated is clearly not happening,” said Rick Sharga, EVP at RealtyTrac, an ATTOM company. “Government and mortgage industry efforts have prevented millions of unnecessary foreclosures, and while … Read More
SELLER’S MARKET CLOSES 2021 ON HIGH NOTE As 2021 was a record-breaking year for U.S. home price growth, CoreLogic has released its Home Price Index (HPI) and HPI Forecast for November 2021. For many prospective buyers, the housing market will … Read More