Monthly Archives: March 2014
Housing Markets Improving But Most Metros Not Yet ‘Stable’
Housing markets in half of all states and 35 of the top 50 metros are improving, according to a new report from Freddie Mac. However, only 11 states and four of the top 50 metros are “stable” compared to each market’s individual historical norms, Freddie Mac reported. Freddie Mac’s first Multi-Indicator Market Index (MiMi) was […]
February Gains Point to Seller Optimism
Realtor.com released its February Monthly Housing Trend Report, which showed an increase in listing prices as well as an increase of housing inventory. The increase in both list price as well as inventory points to a “strong early beginning to this spring’s home buying season,” the report said. Nationally, median listing price increased to $199,000, […]
Mortgage Rates Fall Again!!!
After three weeks of trending higher, mortgage rates have once again turned lower. The 30-year fixed-rate came in at an average of 4.28%, according to Freddie Mac’s weekly survey. That’s down from 4.37% last week. Meanwhile, 15-year fixed rates, popular with homeowners refinancing their loans, were at 3.32%, down from 3.39% last week. Rates have […]