This week we saw rates again hit the low point of 2011 and then get held off from moving any lower. The MBS finished off the week at the top of the trading channel ahead of next weeks economic line up of Auctions and Inflationary reports. Dont forget to pass this along to friends and family that need to refinance or purchase.
Real Estate with Tyson- Renters Paying Substantially More While Owning Costs LessIn a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting […]
- New Study Reveals One Surprising Reason for the Inventory ShortageThere has been a great amount written on millennials and their impact on the housing market. However, the headlines often contradict each other. Some claim this generation is becoming the largest share of first-time home buyers, while others claim millennials don’t want to own a home, blaming them for the dip in homeownership rate. While […]
- With Inventory Low: Will Your Dream Home Need Some TLC?According to a new survey from Move.com, the wave of first-time homebuyers hitting the market this summer has resulted in an interesting statistic. Nearly 60% of buyers searching for a home this spring are willing to consider buying a fixer-upper, with 95% believing that the projects needed will increase their new home’s value! Realtor.com’s Chief […]
- Renters Paying Substantially More While Owning Costs Less
