Mortgage Rates Gently Lower to Begin New Week

Apart from July 1st, mortgage rates have fallen every day so far this month.  The counterpoint is that only adds up to 4 business days so far.  The other counterpoint is that the improvements have been fairly modest over the past two days with the average borrower still likely to be quoted

Buyers Anticipate Rate Easing, New Listings

Buyers shouldn’t wait for mortgage rates to drop dramatically this year, experts say. Rather, they can benefit from the wider selection of homes on the market.

Which Generation Has the Most Debt?

Gen Xers, between 44 and 59 years old, owed $33,859 in non-mortgage loans, the most across the four generations studied. Debt can impact the ability to buy a home.

Top RE CEO: Sub-6% Mortgage Rates a Game Changer

Compass CEO Robert Reffkin said rates that dip below 5.9% will drive consumer interest. He said prices will remain relatively flat in the near future