by Gary Wilson | Dec 15, 2017 | Real Estate
Rates for home loans slid as the promise of sweeping tax reform increasingly came into question. The 30-year fixed-rate mortgage averaged 3.90% during the November 9 week, down from 3.94%, mortgage financier Freddie Mac said Thursday. The 15-year fixed-rate mortgage...
by Gary Wilson | Dec 15, 2017 | Property Selling
New-home sales are back. After a few months of drops in the number of buyers scooping up these abodes with that fresh, never-been-lived-in smell, sales are once again surging. The number of buyers who closed on newly built residences spiked in September, according to...
by Gary Wilson | Dec 15, 2017 | Real Estate News
President Donald Trump rejected the idea that Wells Fargo would skate on penalties associated with claims of mortgage lending abuse. Reports circulated this week that Mick Mulvaney, interim head of the CFPB, was reviewing prior settlements the agency had made in...
by Gary Wilson | Dec 11, 2017 | Property Selling
Some forward-thinking real estate firms are making the process of buying and selling a home to one that makes sense for the modern consumer. (Getty Images) The time has come for you to buy a house, and you know to follow conventional wisdom and seek out a real estate...
by Gary Wilson | Dec 11, 2017 | Real Estate News
Investor confidence soared after the 2016 election of Donald J. Trump, sending the U.S. stock market on a tear that would last a full year. It also made housing more expensive. That is because when the stock market rallies, the bond market usually sells off, and bond...