Today's housing market is really tight. Historically low mortgage rates have driven up buyer demand and inventory is extremely limited. As such, if you look for a new home right now, you may get stuck buying a fixer-upper. Or per...
Every U.S. metro area tracked by the National Association of Realtors (NAR) in the third quarter of 2020 saw home prices rise, driven by unprecedented demand, low mortgage rates and depleted nationwide housing inventory.
In October, the...
Winter has traditionally been the slowest season for the housing market for years, if not decades.With the cold weather, the holidays and the coronavirus, you might expect the same in 2020-21, with buyers and sellers hibernating until the ...
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When the coronavirus pandemic gutted the strongest U.S. economy, many assumed another recession would bring rock-bottom home prices along with it. Instead, home prices defied logical assumptions—and soared to new ...
Despite COVID-19 surging and new restrictions looming, one of the most competitive housing markets in history continues to roll in the second half of 2020.
Like the rest of the world, the United States is in a recession, but you would...
With mortgage rates hovering near historic lows, demand has increased beyond expectations, fueling some of the hottest homebuying competition in decades.
Combined with historically low levels of inventory, it’s a recipe for pandemic...
While low mortgage rates might be tempting, keep these questions in mind
This year has become a time for many to take stock–including when it comes to finances.
While some are reprioritizing savings goals or discovering new ways to...
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Record-low mortgage interest rates have been a boon for buyers on a budget, even luring those who have been on the sidelines into the housing market. But that influx of buyers has made an already severe housing shortage wor...
Mortgage rates are very low, so it must be time to refinance your home, right? While that will be the case for some borrowers, local lenders are taking a cautious stance.
It depends
“When you quote a rate, everybody wants the...