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New Home Sales Surge Almost 11%

Sales of new homes saw a significant uptick in April, rising 10.9% from March to reach a seasonally adjusted annual rate of 743,000 units, a…

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Home Prices Continuing to Rise

Cotality released their Home Price Insights report for the month of March, and it showed that home prices across the country rose 0.6% month…

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Mortgage Applications Increase in Latest MBA Survey

Mortgage applications increased by 1.1% for the week ending May 9, 2025, according to the Mortgage Bankers Association. This rise was driven…

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Mortgage Rates Heading in The Right Direction

Mortgage applications rose 11% in the week ending May 2, 2025, according to the Mortgage Bankers Association. Both refinance and purchase ap…

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Pending Home Sales Increase as Home Values Continue to Accelerate

Pending home sales, which measures signed contracts on existing homes, rose by 6.1% in March 2025 which was the largest monthly increase sin…

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Sellers Are Finally Having to Give Concessions

According to Redfin’s national report, home sellers are increasingly offering concessions, such as covering repair costs or helping buyers w…

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Mortgage Insurance Premium Tax Write-Off Back On The Table

A bipartisan group of lawmakers, led by Rep. Vern Buchanan (R-FL) and Rep. Jimmy Panetta (D-CA), has introduced the Middle Class Mortgage In…

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Consumers Are Poised to Act When Rates Present An Opportunity

According to the Mortgage Bankers Association, mortgage applications jumped 20% the first week of April—the highest since September 2024—as…

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Baby Boomers are Driving the Housing Market

The National Association of Realtors’ 2025 Homebuyers and Sellers Generational Trends report showed that baby boomers have overtaken millenn…

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Home Prices Continue to Appreciate

The Case-Shiller Home Price Index, which is known as the best way to track home prices, showed that home prices went up by 0.6% in January.…

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Mortgage Rates Drop to the Lowest Level in Five Months

Mortgage rates have dropped to their lowest level in five months, sparking increased activity in the housing market. The 30-year fixed-rate…

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Understanding Cash-Out Refinancing: What It Is and How It Works

A cash-out refinance is a popular financial strategy that allows homeowners to tap into the equity they’ve built in their homes. It’s a way…

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