This week in preview we look to Thursday for the only real market moving reports, also I am recommending locking 30 day closings and floating longer transactions. Mortgage rates improved from last week. Volatility should be low this week. MBS are still pressed up against the 200 day moving average.
- A New Way to Shop for Homes in a Virtual WorldIn a year when we’re learning to do so much remotely, homebuying is no exception. From going to work to attending school, grocery shopping, and even seeing our doctors online, digital practices have changed the way we live. This year, rather than delaying their home purchases, buyers – alongside their trusted real estate professionals – […]
- With Home Values Surging, Is it Still Affordable to Buy Right Now?Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the headwind of severe supply constraints in most markets has contributed to slight […]
- Knowledge Is Power on the Path to HomeownershipHomeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers […]
- A New Way to Shop for Homes in a Virtual World