In Phoenix, Million-Dollar Homes Can’t Sell Fast Enough
The city’s high-end housing market has seen a surge in out-of-state buyers since the onset of the pandemic
Author: conniewaldo2016
Affordability Is Down For The First Time In More Than Two Years
First American Financial Corporation‘s Real House Price Index reported that housing affordability declined in 45 of the 50 major markets, with overall affordability falling for the first time in more than two years. “Housing affordability on a year-over-year basis declined...
Today’s 15-year mortgage refinance rates sink to 16-week low
Based on data compiled by Credible, current mortgage refinance rates have fallen compared to last Thursday’s, with 15-year rates hitting a 113-day low. 30-year fixed-rate refinance: 2.750%, Unchanging 20-year fixed-rate refinance: 2.750%, Unchanging 15-year fixed-rate refinance: 2.000%, Down from...
Borrowers with not-so-perfect credit may be eligible for FHA home loans
FHA loans are particularly advantageous for borrowers with a lower credit score who make a down payment of less than 20 percent. (iStock)