Tag: Buynow

Posted on 10/26/2020
Housing Market Update
The National Association of Home Builders Housing Market Index was reported for October and set another record high. Builders are feeling good but do feel constrained on expanding due to lack of land, labor, and spike in material costs. Housing Starts were up 2% but were below expectations of 5% gain. Year-over-year, Housing Starts are up 11% and Single-family...
Housing
Buynow
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Posted on 10/24/2019
Mortgage Minute
Mortgage rates increased for the third straight week — but still remain very low compared to a year ago. The 30-year fixed-rate mortgage averaged 3.75% during the week ending Oct. 24, up six basis points from the previous week, The 15-year fixed-rate mortgage increased three basis points to an average of 3.18%. The 5/1 adjustable-rate mortgage averaged 3.4%, up...
Mortgageupdate
Mortgagerates
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Posted on 06/13/2019
Consumers Continue to Overestimate Mortgage Requirements
We've seen consistently in Fannie Mae's National Housing Survey® that the vast majority of Americans prefer homeownership over renting a home; however, many are uncertain or mistaken about the qualifications required to get a mortgage.1,2 Despite increased exposure to credit scores and online resources, consumer understanding about what it takes to qualify for a mortgage has not improved since...
Mortgage
Getaloan
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