Category: Real Estate

Real Estate

Mortgage Rates Hit Six-Month Low

Mortgage rates continued to fall this week, with the benchmark 30-year fixed mortgage rate sinking to 4.13 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.23 discount and origination points. The larger jumbo 30-year fixed slid to 4.06 percent, and the average 15-year...

Mortgage Rates Hit a 5-Month Low

Mortgage rates moved to the downside with the benchmark 30-year fixed mortgage rate falling to a five-month low of 4.15 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points. The larger jumbo 30-year fixed slid to 4.08 percent, and...

Tips to Combat Packing Stress when Moving

From finding a new home to selling one’s current home, the moving process can be a big source of stress. Among the top stressors is packing. In fact, in a recent survey, commissioned by Duck® brand, conducted online by Harris Poll, 86 percent say packing to move is frustrating. It...

California housing market downshifts in April as housing shortage cuts into demand

Following a strong first quarter start, California home sales lost momentum in April, while the median home price accelerated to a near-10-year high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Closed escrow sales of existing, single-family detached homes in California remained above the 400,000 benchmark for the 13th consecutive...

April Home Sales Cooler Than Typical Spring Season

The brisk start to the 2017 home-selling season slowed down in April with home sales dropping 4.1% below March and 4.5% below the previous April, according to this month’s RE/MAX National Housing Report. Yet the narrative of the ever-tightening inventory coupled with increased prices persisted, as the 53 metro area...