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All Little Change In Mortgage Rates Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.49%. “The average 30-year fixed mortgage rate was little changed this week at 6.49%” said Sam Khater, Freddie Mac’s Chief Economist. “Rates have remained relatively stable over the last six weeks. Meanwhile, purchase activity eased modestly […]
Buying That House That’s Been Sitting Could Be Your Best Shot at a Deal Open up a home search and you’ll see them. Listings that have been on the market for two months. Three. Some longer. Most buyers scroll right past them, assuming something’s wrong with the house. But that instinct could be costing you, since the longer a home sits, the more motivated the seller usually gets. Where […]
Videos Do I Really Need A Real Estate Agent?
Videos Are Home Prices in for a Crash?
Selling Should You Pay for Your Buyer’s Closing Costs? What Sellers Need To Know. A few years ago, sellers could get away with saying “no” to just about everything. No repairs. No concessions. No negotiation. If buyers wanted the house, they pretty much had to take it on the seller’s terms. But now that inventory’s grown, negotiations are becoming a normal part of the […]
All 30-Year Fixed Average 6.52% Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.52%. “The 30-year fixed-rate mortgage averaged 6.52% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Stronger employment momentum has helped existing home sales reach a five-month high. Importantly, we’re seeing homebuyers look past the short-term […]
All 30-Year Fixed Rate Average Decline to 6.48% Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.48%. “The 30-year fixed-rate mortgage decreased to 6.48% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving.” The 30-year […]
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All 30-Year Fixed Mortgage Rates Average 6.53% Freddie Mac  today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.53%. “The 30-year fixed-rate mortgage averaged 6.53% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Pending home sales have increased three months in a row, indicating there’s latent demand and homebuyers are ready to jump […]
All The Truth About Affordability Today Let’s be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind. Here’s the full picture of what’s happening and why. The good – and the bad. So, you know what it truly […]
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All Mortgage Rate Averages Up This Week Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.51%. “The 30-year fixed-rate mortgage averaged 6.51% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, […]
All Record High Mortgage Debt Sounds Scary. Here’s What the Headlines Leave Out. You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate. Here’s the thing. He’s not wrong. But he only has half the story. And the half he’s missing? […]
All Are Home Prices Going To Fall? It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?” With everything in the news, that concern makes some sense. No one wants to make a big financial decision at the wrong time. But here’s what’s important to know. You don’t want to get […]
All Slight Movement in 30-year Fixed Rate Mortgage Rates. Freddie Mac  today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.36%. “Mortgage rates ticked down this week, averaging 6.36%,” said Sam Khater, Freddie Mac’s Chief Economist. “While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging […]
All A Pricing Mistake Can Cost You! The Pricing Mistake That Could Cost You Your Sale Most sellers come into the market with one number in mind. And it’s often the one that costs them the most. That’s their asking price. A survey from Realtor.com shows about 8 in 10 (80%) of sellers expect to sell at or above their asking price […]
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All 30-Year Mortgage Averages 6.37% This Week  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.37%. “The 30-year fixed-rate mortgage averaged 6.37% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down […]
All Rates Tick Up But Still Below Last Year’s Level Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.30%. “The 30-year fixed-rate mortgage averaged 6.30% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20 percent […]
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