Annual Housing Sentiment on the RiseWhile Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased by 1.9 points in December 2024, the annual numbers are higher than late 2023 levels. One reason for this: some consumers are still expecting mortgage rates to decline...
Home Prices Continue to Cool Last July, rises in home prices finally began to slow down, which buyers considered a welcome change. This trend continued into fall 2024.According to the S&P CoreLogic Case-Shiller Home Price Index, home price growth continued to wane in...
Let's Get Ready to Rumble in 2025Even though our business is always unpredictable, let's not hesitate to celebrate the new year together. Remember, I'm always here to assist you and your clients with the latest home financing strategies. Feel free to reach out so we...
Join Me in Celebrating the SeasonAlthough our methods of remembering the December holidays have evolved beyond the traditional Christmas tree, the hopes and dreams we share still ring true. May you, your family and your loved ones enjoy a holiday filled with...
Top Housing Hot Spots for 2025Recently, NAR released a list of 10 metro markets that they're expecting to be next year's top performers. Their picks were based on criteria such as job growth, favorable financing, numbers of renters who are planning to buy, migration...
Demand For Mortgages on the RiseMortgage application volume rose 2.8% earlier this month as potential homebuyers responded to a combined dip in mortgage rates and higher inventory.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan...
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