Mortgage News March 25, 2022

Mortgage News March 25, 2022

Market Updates

Townhome Popularity Skyrocketed in 2021 More builders and buyers have turned to townhomes over the past year. The smaller homes made up nearly 13% of all single-family new construction in 2021, up almost 38% from the previous year. This increase in popularity can be...
Mortgage News March 18, 2022

Mortgage News March 18, 2022

Market Updates, Uncategorized

Real Estate Brokers Embrace Socially Conscious Missions An increasing number of Americans want to work with socially conscious companies. According to a new study, 63% of buyers said they wanted to work with businesses who were making a difference in the world....
Mortgage News March 11, 2022

Mortgage News March 11, 2022

Market Updates

Global Tensions = Roller Coaster Mortgage RatesThe average 30-year, fixed rate mortgage rate dipped to 3.89% in late February following Russia's invasion of Ukraine. During the first week of March, the 30-year rate went through some volatile, two-way swings. The rate...
Mortgage News March 4, 2022

Mortgage News March 4, 2022

Market Updates

Older Homes Rising in Popularity Among Younger BuyersMore Americans are purchasing older homes. According to new research from the National Association of REALTORS®, the average age of previously owned homes sold was 28 years. In 2011, the average age of homes sold...