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Homebuyers put about 15% toward a down payment on house, spend $40,000 in one-time fees and thousands in closing costs, presenting an opportunity for lenders to leverage education and product offerings to prepare them for a purchase.
October 2 -
Millennials make up the largest constituent group for both homebuyers and sellers, which could put a squeeze on lending and eventually shift the market.
September 28 -
The strong U.S. economy pushed mortgage rates in the past week to their highest level in over seven years, and further hikes are on the way, according to Freddie Mac.
September 27 -
New York City’s home sellers, tired of waiting for buyers, slashed prices on almost 800 listings in a single week this month, the most in at least 12 years.
September 21 -
Mortgage rates increased 5 basis points this week, up for the fourth week in a row with momentum building for further hikes, according to Freddie Mac.
September 20 -
If you bought a Bay Area home in 2012, pat yourself on the back.
September 14 -
Mortgage rates jumped 6 basis points over the past week, which led to the largest year-over-year gain in over four years, according to Freddie Mac.
September 13 -
Home prices in 40% of the 35 largest metro areas remain below their precrisis peak, a sign that values in much of the country are far from bubble territory, Zillow said.
September 13 -
Seattle is known for its hip neighborhoods, soaring home prices, and being home to Amazon.com Inc., the world's most valuable company. So why is its rental housing market experiencing the most severe slowdown in the U.S.?
September 7 -
The typical homeowner spends 17.5% of their income on monthly mortgage payments, according to Zillow's second quarter affordability report.
September 6 -
Mortgage rates inched higher for the second straight week and further increases are likely in the near term, according to Freddie Mac.
September 6 -
After home prices soared due to a lack of inventory and a recovering economy, three-quarters of experts believe the shift to a buyer's housing market should come in two years.
September 5 -
Home buyers in the Twin Cities and beyond will have to wait until at least 2020 for key indicators in the housing market tilting toward buyers, according to a new survey.
August 31 -
Mortgage rates took small steps up after hitting a four-month low, but continued hovering around the same range they have all summer, according to Freddie Mac.
August 30 -
More Charlotte home listings saw price cuts in June than a year earlier, indicating that Charlotte’s housing market is shifting "ever-so-slightly in favor of buyers," a Zillow report says.
August 28 -
Mortgage rates decreased for the third straight week and reached their lowest level since mid-April, according to Freddie Mac.
August 23 -
Credit Karma is diving into the mortgage industry with a plan to acquire digital mortgage startup Approved, a provider of consumer-facing online point of sale technology.
August 17 -
Average mortgage rates fell, including the largest week-over-week drop of the past 12 months, but homebuyer demand stays mum, according to Freddie Mac.
August 16 -
There would be over six million more new homes built in the last decade if new construction remained at the same pace prior to the housing boom, according to Zillow.
August 15 -
Home price appreciation is preventing consumers from entering the housing market, forcing an accelerated number of potential homeowners to rent.
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