Archived Newsfeed September 2019

9-13-19 The Surprising Ways Foreclosures Make Housing-Market Downturns Even Worse

The massive wave of foreclosures that wreaked havoc on communities across the country is among the most significant hallmarks of the previous recession.

9-09-19 Fall housing shifts quickly to a buyer's market

Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home.

9-05-19 Get Ready for Bigger Home-Price Increases Next Year, Except in These Two States

Just when it looked like home prices may have hit a ceiling, low interest rates could give them another boost.

9-03-19 Here’s why millions of millennials are not homeowners

Homeownership eludes millions of millennials.

8-30-19 July pending home sales reverse course, falling 2.5% despite low mortgage rates

Pending home sales fell 2.5% in July month to month and were 0.3% lower compared with July 2018, according to the National Association of Realtors.

8-28-19 Mini refinance boom goes bust, as mortgage rates turn higher

A small tick higher in mortgage rates caused the sudden surge in refinances to retreat just as quickly.

8-26-19 Increasing Your Property Value with Asphalt Paving

Did you know that asphalt paving can boost your home's worth significantly?

8-23-19 How to Calculate Your Average Moving Costs

Moving is not just about packing up all your belongings and choosing the right place to live.

8-21-19 Mortgage demand falls as interest rates flatten

After a rush on refinances, homeowners took a breather last week, despite still seeing the lowest interest rates in about three years.

8-19-19 U.S. Housing Starts Fell 4.0% in July

Home building in the U.S. fell for a third straight month, showing that rising labor and material costs continue to dent the pace of home construction.

8-16-19 Falling mortgage rates boost homebuilder confidence, but not new construction

The nation's homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes.

8-14-19 Weekly mortgage refinances spike 37% in one week as rates fall further

Another sharp drop in mortgage rates sent even more homeowners to their lenders, hoping to save money on their monthly payments.

8-12-19 Mortgage Rates Fall Sharply as Trade Concerns Mount—but Many Would-Be Borrowers Are Likely to Miss Out

The 30-year fixed-rate mortgage averaged 3.6% during the week ending Aug. 8, down 15 basis points from the previous week, Freddie Mac reported Thursday.

8-09-19 Millennials drive mortgage refinance boom, and lenders are scrambling

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance.

8-07-19 Housing sentiment hits record high, as bidding wars vanish

Falling mortgage rates and strong employment drove consumer confidence in housing to a record high in July, according to a monthly index from Fannie Mae.

8-05-19 Mortgage rates sink to 3-year low, but one-third of borrowers are making this big mistake

Escalating tensions over a trade war with China sent investors rushing to the relative safety of the bond market late last week.

8-02-19 Louisville named one of five U.S. ‘boomtowns’ in Yelp report

Louisville is one of five U.S. cities to be named a “boomtown” according to the Yelp Economic Average, which tracks U.S. economies in top metro areas.