Selling

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, Buying, Selling

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, Buying, Selling

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 […]
All, Buying, Selling

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 […]

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 […]

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 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 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 […]

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 […]

All A Tick Down In Mortgage Rates. Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.37%. “Mortgage rates ticked down this week, averaging 6.37%,” said Sam Khater, Freddie Mac’s Chief Economist. “The decrease in rates represents a positive development for prospective homebuyers and could spark a more favorable spring homebuying season […]

Selling Your House Hasn’t Sold Yet. Should You Rent It Out Instead? When your house sits on the market longer than expected, it can get frustrating fast. You start asking: what now? And for a growing number of homeowners, that turns into: should I just rent it instead? While it sounds like a simple backup plan, becoming “accidental landlord” is actually a much bigger decision than most […]

All 30-Year Mortgage Rate Averages 6.46% Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.46%. “The 30-year fixed-rate mortgage edged up, averaging 6.46% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With spring homebuying season in full swing, aspiring buyers should remember to shop around for the best mortgage […]

All Will This Change What You Think About Investors in Today’s Housing Market There’s a lot of noise out there right now about investors in the housing market. Some headlines make it sound like big Wall Street firms are buying up everything in sight. And if you’re trying to purchase a home yourself, that can make it feel like the odds are stacked against you. But when you […]

Selling When’s The Best Week To List Your House? When’s The Best Week To List Your House? It’s Just Around the Corner! While the Spring season consistently offers up some of the best conditions for home sellers, Realtor.com says there’s one window where the stars really seem to align year after year. And it’s coming up fast. Based on their analysis of historical trends, […]

Selling Why Buyers Walk Away The #1 Reason Buyers Walk Away (And How To Get Ahead of It) You may have seen headlines on social saying the number of buyers backing out of their contracts is on the rise – and has recently reached a high not seen since 2017. That can sound intimidating. But it varies a lot by […]

All Mortgage Rates Drop Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.01%. “Mortgage rates dropped again this week, now down to their lowest level since September of 2022,” said Sam Khater, Freddie Mac’s Chief Economist. “This lower rate environment is not only improving affordability for prospective homebuyers, […]

All Move-Up Buyers Are Choosing New Construction At some point, a house that once felt perfect just… doesn’t anymore. Maybe you need more space. Maybe working from home turned your dining room into a permanent office. Maybe the layout just doesn’t match how you live now. If your current house is starting to feel like it’s holding you back instead of supporting […]

Buying Is Inventory Making a Comeback After a long stretch where buyers were competing for too few homes, inventory has made a comeback over the past year. And depending on where you live, that’s opening up your options in a meaningful way. According to Realtor.com, the number of homes available for sale in January was the highest it’s been since 2020. […]

All Mortgage Rates Lower and Steady Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.10%. “Mortgage rates remain near their lowest levels in three years, which is encouraging for potential homebuyers who have waited to enter the market for some time,” said Sam Khater, Freddie Mac’s Chief Economist. “Lower rates, combined […]

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