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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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Homes Millbrae Pages
Tag Archives: Diana Olick
Obama to push for housing reform of mortgage giants
The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading
Posted in Real Estate News
Tagged Administration Official, Administration Officials, Backdrop, Borrowers, Cnbc, Crux, Diana Olick, Federal Reserve, First Time Buyers, Foreclosed Homes, Homeownership, homes millbrae, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Investors, Mortgage Rates, Mortgage Refinancing, Phoenix Market, Private Investors, Private Mortgage Market, Senior Administration
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Investors are moving out of housing. Here’s why
First-time homebuyers could say the same. Usually about 40 to 45 percent of the market, they made up just 29 percent of buyers in June, according to the National Association of Realtors. A lack of supply has made the market … Continue reading
Home Sales at Risk Due to Rising Mortgage Rates
Lengthy loan locks could cost buyers thousands of extra dollars, which on the lower end might not be affordable and could scuttle the deal. While some builders can complete a home in 100 days, labor constraints have been slowing construction … Continue reading
Posted in Real Estate News
Tagged Backlogs, Challenges, Cnbc, David Goldberg, Diana Olick, Drywall Finishers, Facebook, Foreclosures, Framers, Homes For Sale, homes millbrae, Labor Constraints, Locks, Mortgage Loan, Mortgage Rates, Painters, Record Gain, Skilled Labor, Such A Surge, Supply Constraints, Ubs
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Rising Home Prices Are ‘Unsustainable’—Realtors
Also weighing on home prices are rising mortgage rates. May’s existing home sales report from the Realtors represents closed sales, so contracts and interest rates would have been signed and locked in March or April, before rates began to rise. … Continue reading
Posted in Real Estate News
Tagged According To Mark, Banks, Cnbc, Contracts, Debt To Income Ratio, Diana Olick, Existing Home Sales, Existing Home Sales Report, Facebook, First Timer, homes millbrae, Insurance, Interest Rates, Investors, June 27, Mark Hanson, Mortgage Rates, Participation, Realtors, Steam, Time Homebuyer
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As Prices Rise, Banks Repossess More Homes
“Inventory will likely remain below year-ago levels for a while yet, as builders ramp up capacity and sellers wait to squeeze every drop of equity from their home before listing,” Zillow’s chief economist Stan Humphries said in a release. “But … Continue reading