
Mortgage Rates Start New Week Flat
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time around, things have been very calm. The average top-tier 30yr fixed rate remained almost perfectly flat versus last Thursday with the MND index technically falling by 0.01%. This
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Fed uncertainty keeps housing market guessing
Mixed economic reports are making the Federal Reserve’s next move harder to predict. Inflation remains a concern, while job growth came in weaker than expected, leaving buyers and sellers to watch how each new report could shift mortgage-rate expectations.
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Transit access reshapes housing affordability math
Car ownership costs now rival mortgage payments in determining true housing affordability, with transit-accessible homes commanding a price premium nationally, according to new data.
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VA updates could help veterans buy and stay put
The VA updated appraisal requirements for VA-backed purchases and launched a new partial-claim option for veterans in default, giving real estate professionals timely information to share with VA buyers and homeowners who may need to contact their lender, servicer or VA.
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