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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 Rates
‘Last hurrah?’ Pending home sales fall in August
“Sharply rising mortgage interest rates in the spring motivated buyers to make purchase decisions, culminating in a 6½-year peak for sales that were finalized last month,” said Lawrence Yun, chief economist for the Realtors. “Moving forward, we expect lower levels … Continue reading
Posted in Real Estate News
Tagged Ahead, Case Shiller, Chief Economist, Existing Home Sales, First Time Home, First Time Home Buyers, homes millbrae, Housing Market, Last Hurrah, Mortgage Interest Rates, Mortgage Rates, New Homes, Purchase Decisions, Realtors, Tight, Time Home Buyers
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Forget easing prices, new homes are up, up, up
Existing home price gains decelerated in July on the Case-Shiller index, likely due to the sharp jump in mortgage rates, but the gains were still sizable and unlikely to abate much. That’s due simply to lack of supply. The number … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Case Shiller Index, Completions, Existing Home, Fall And Winter, Gangbusters, Global Insight, Home Purchasers, homes millbrae, Housing Market, Kb Home, Largest Group, Last Hurrah, Lennar, Mortgage Finance, Mortgage Rates, National Association Of Realtors, National Basis, New Frontier, Time Homebuyer, Traffic Index
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Home builder confidence stalls in September
There is certainly plenty of pent-up demand, especially among younger, first-time home buyers, but many of them are still struggling in today’s job market, either unable to find steady work or not earning enough to afford today’s higher down payment … Continue reading
Posted in Real Estate News
Tagged 100 Basis Points, Chief Economist, Cnbc, Commerce Department, Confidence, Diana Olick, Doug Duncan, Economic Growth, Fannie Mae, First Time Home, First Time Home Buyers, Home Builder, homes millbrae, Housing Starts, Job, Last Quarter, Lenders Mortgage, Midwest, Mortgage Rates, Pace, Time Home Buyers
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Jobs report tempers mortgage rates
The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading
Posted in Real Estate News
Tagged Bureau Of Labor, Bureau Of Labor Statistics, Chief Economist, Conforming Loan, Conforming Loans, Fannie Mae, Freddie Mac, High Hopes, homes millbrae, Household Formation, Jed Kolko, Mbs, Mortgage Backed Securities, Mortgage Bankers, Mortgage Rates, Other Government Agencies, Tempers, Treasuries, Trulia, Unemployment Rate, Young Adults
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