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5 Things Buyers Must Do To Score A Black Friday Real Estate Deal
The week of September 22, 2019 is considered the Black Friday for home sales, with a deal-delivering trifecta of less competition, more price reductions and higher inventory, according to new......

Home Sales Up for Second Consecutive Month
...sales. “As expected, buyers are finding it hard to resist the current [mortgage] rates,” says Lawrence Yun, NAR’s chief economist. “The desire to take advantage of these promising conditions......

Mortgage rates make large leap on strong economic news
Mortgage rates had their largest week-to-week uptick since October 2018 as bond market investors reacted to positive news about the economy, according to Freddie Mac. 30-Year FRM 15-Year......

Existing-home sales rise to highest in more than a year
...amid lower borrowing costs and sustained income gains, adding to signs the housing market is breaking out of a slump. Contract closings rose 1.3% from the prior month to a 5.49 million annual......

Here’s how you can protect your savings from future rate decreases with a CD
...But CDs offer a fixed APY and the Federal Deposit Insurance Corp. (FDIC) backs your CD if it’s at an FDIC-insured bank and within insurance guidelines. A CD is worth considering if you’re looking......

Housing Conference Highlights Private Sector Stepping Up
...job growth is not going to have a big impact on the housing market. More concerning, he said, is the inflating effect it is already having on value perception. “While we haven’t seen the structure......

Twin Cities housing market sees more discounts in August
The housing market in the Twin Cities metro last month was a little less intense than it was last year at this time, with demand for the least-expensive houses still outpacing more......

Mortgage rates surge as loan applications flatten
...a longer view, says Greg McBride, CFA, Bankrate’s chief financial analyst. “Mortgage rates have reversed course in the past couple of weeks due to a more optimistic outlook on trade developments......

Closely watched mortgage rate drops for Thursday
Mortgage rates were mixed today, but one key rate declined. The average for a 30-year fixed-rate mortgage dropped, but the average rate on a 15-year fixed were higher. The average rate......

Why the Fed is trying to stay flexible
...Restaurants, which owns Olive Garden, reports earnings before the bell. US existing home sales data for August will be published at 8:30 a.m. ET. Coming Friday: Apple's iPhone 11 goes on sale...

Home Prices Appreciating Strongly in Less Expensive Midwest and South Metros
...of 2019 , prices rose in 91% (162) of 178 metros reported by NAR. Most Expensive Metros with Price Decline The most expensive metros in California, Hawaii, and Colorado cont......

To build profits, create an automated mortgage lending operation
...make changes before it was too late. The problem isn't the housing market. According to the Mortgage Bankers Association, residential investment is forecast to improve from a negative to a......

Home supply swallowed by buyer demand, but sales still slip
...July 2018, when it fell 7.8%. Despite higher demand for housing, home sales declined 1.6% in August from the prior year, which followed an annual increase in July of 2.3%. "The......

Home sales outperformance continues to inch up, with room to move
...a correction, according to First American. There were an additional 41,519 home sales in August, 0.8% above what the First American Potential Home Sales Model estimated. First American measures......

ARM, HELOC mortgage borrowers will get break as Fed lowers rates for the second time this year
...fixed mortgages? The federal funds rate does not directly affect long-term fixed-interest mortgage rates; those rates are pegged to the yield of U.S. Treasuries, which are set by market forces......

5 ways to use your brokerage like a savings account
...much higher amounts. Meanwhile, Charles Schwab offers an Federal Deposit Insurance Corp. (FDIC)-protected account for investors with a 0.34 percent yield. Those options aren’t bad, though......

NAR Joins Calls to Extend Terrorism Risk Insurance Act
| Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox , Chrome , or Edge . September......

Supply of Orlando homes for sale falls for first time in 2019
...and others. The 2% fall in inventory is a result of steady home sales, bolstered in part by falling interest rates encouraging people to buy and rising home prices encouraging people to sell......

Sanders Calls for a National Right to Housing
...Sen. Bernie Sanders introduced his plan to eradicate homelessness, reel in the housing market, and provide a homes guarantee that lives up to Roosevelt's dream, and the dream put forth by grassroots......

Home starts reach highest since 2007 in broad advance
...proxy for future construction, also increased to a 12-year high. Bloomberg Low mortgage rates and a solid labor market are helping to support sales, prompting a pickup in construction......

Mortgage applications flat as rates move back above 4%
Mortgage applications decreased 0.1% from one week earlier as conforming and jumbo interest rates climbed back above 4%, which slowed refinance activity, according to the Mortgage Bankers Association......

What's moving markets today: September 18, 2019
August was a good month for the US housing market. Housing construction surged, with housing starts coming in at 1.364 million, compared with 1.25 million expected. August building permits......

It's easier now to use cash on Amazon
...of U.S. households did not have bank accounts, according to the FDIC, and 18.7% had accounts but also used financial services outside of insured institutions. Communities of color are particularly......

Mortgage Applications Flat in Latest MBA Weekly Survey Sep 18, 2019
) - Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending......

Austin-area home sales, median price set August records
As the summer home-selling season comes to a close, the number of houses sold and the median price of those sales hit all-time highs for any August on record, the Austin Board of Realtors said......