For Week Ending October 24, 2020 Freddie Mac reported that the 30-year fixed-rate mortgage hit a new all-time low this week, dropping to an average of 2.8% with .6 points. Record-low rates, coupled with continued strong buyer demand seen in … Continue reading →

For Week Ending October 17, 2020 Home prices have surged higher in recent months across much of the country. The National Association of REALTORS® reported that their preliminary figures for August show the median sales price of existing single-family homes … Continue reading →

For Week Ending October 10, 2020 According to a National Association of Home Builders analysis of Census Bureau data, the lot size of new construction homes is getting smaller. The median lot size for single-family homes sold in 2019 was … Continue reading →

For Week Ending October 3, 2020 As the weather continues to cool, real estate activity slowly cools along with it. While buyer activity is following its normal seasonal trend lower, it remains substantially higher than the same time last year, … Continue reading →

For Week Ending September 26, 2020 The Mortgage Bankers Association reported that the share of mortgages currently in forbearance dropped to 6.93% as of September 13, 2020, the 15th weekly decline in a row and its lowest level in five … Continue reading →