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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Categories
Homes Millbrae Pages
Tag Archives: Mortgage Bankers Association
Apartments reap rewards of rising rates
“I am scared, in part due to the fact that my father and mother had a lot of problems with their mortgage and due to the job market,” said Charles Desanpedro Jr., a renter in Northern New Jersey. (Read More: … Continue reading
Posted in Real Estate News
Tagged Basis Points, Committee Meeting, Fannie Mae, Father And Mother, Federal Open Market Committee, homes millbrae, Housing Market, Meeting Minutes, Mortgage Bankers Association, Mortgage Credit, Mortgage Market, Mortgage Marketplace, Mortgage Rates, Open Market Committee, Purchasing Power, Renter, Rents, Sadaka, Stimulus, Uptick, Value Ratios
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Why Housing Affordability Is at Risk
The average rate on the 30-year fixed mortgage dropped to 3.68 percent last week, according to the Mortgage Bankers Association. From 1985 through 1999, rates ranged from 6 to 13 percent. Present low rates have allowed buyers to purchase more … Continue reading
Posted in Real Estate News
Tagged 30 Year Fixed Mortgage, Annual Incomes, Chief Economist, Home Builders, Home Loans, Home Values, Homebuyers, homes millbrae, Housing Affordability, Low Interest Rates, Mid Eighties, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Payment, Nineties, No Doubt, Paychecks, Stan Humphries, Student Debt, Year Fixed Mortgage, Zillow
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Deep Freeze: Home Sales Barely Budge in Spring
“Only new home construction can genuinely help relieve the inventory shortage, and housing starts need to rise at least 50 percent from current levels,” said Lawrence Yun, chief economist for the National Association of Realtors in a release. “Most local … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Banking Crisis, Bob Walters, Chief Economist, Community Banks, Construction Loans, Credit Unions, Deep Freeze, Home Affordability, homes millbrae, Housing Starts, Local Home Builders, Mortgage Applications, Mortgage Bankers Association, Mortgage Rates, National Association Of Realtors, New Home Construction, Record Lows, Regulatory Rules, U S Department, Upward Trend
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Deep Freeze: Home Sales to Barely Budge in Spring
“Only new home construction can genuinely help relieve the inventory shortage, and housing starts need to rise at least 50 percent from current levels,” said Lawrence Yun, chief economist for the National Association of Realtors in a release. “Most local … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Banking Crisis, Bob Walters, Chief Economist, Community Banks, Construction Loans, Credit Unions, Deep Freeze, Home Affordability, homes millbrae, Housing Starts, Local Home Builders, Mortgage Applications, Mortgage Bankers Association, Mortgage Rates, National Association Of Realtors, New Home Construction, Record Lows, Regulatory Rules, U S Department, Upward Trend
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Pending Home Sales Soar Despite Rough Winter
Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading