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Rents Surge to Highest Pace in 6 Years

Warn your renting prospects: Landlords are quickly raising their rents as the national vacancy rate dips to the lowest level in two decades. Rents are rising at the…

Mortgage Rates At Lowest Levels In More Than A Year

The 30-year fixed-rate mortgage this week dipped to its lowest level in more than a year, bringing borrowing costs down for home buyers and refinancers. The 30-year fixed-rate…

Ways To Reduce Buyer Closing Costs

Closing costs can add a lot to home buyers’ final price, particularly depending on which lender a buyer uses, what state they live in, the price of the…

Survey: Winter Is The Best Time To Sell

The housing market doesn’t hibernate in the winter. Sellers who list and buyers who buy often find the winter season the most advantageous time to make a move…

Cities Poised for a Surge in Sales

More baby boomers are planning a move, and they’re targeting cities with a lower cost of living, greater job potential, and warmer weather, according to new research by…

Blame Banks, Not Borrowers

In an editorial this Sunday, The New York Times blasted those who warn of a new foreclosure crisis stemming from the recent loosening of credit standards for cash-strapped…

Mortgage Changes for 2015

GSE’s Detail Low Downpayment Program On December 8, 2014, Fannie Mae and Freddie Mac released details on new mortgage product offerings that will provide access to qualified borrowers…

6 Features in Demand Among Luxury Buyers

Luxury sales have been soaring in recent months, outpacing the rest of the housing market. Deals on existing homes priced above $1 million climbed more than 16 percent…

Why Renters Want to Own But Can’t

Though renters say they dream of owning a home one day, most of them will need to keep renting for at least the next three years, according to…

Mortgage Rates Up, But Remain Below 4%

After four weeks of decreases, the 30-year fixed-rate mortgage inched up slightly this week, but stayed near yearly lows under  4 percent, Freddie Mac reported in its weekly…

3% Down Payment May Be Game Changer

Mortgage giants Fannie Mae and Freddie Mac announced Monday that first-time home buyers can now qualify for loans with down payments as low as 3 percent. That will…

Homeownership Still Trumps Renting in Overall Wealth

The recent housing crisis has prompted questions over whether homeownership is still a viable way toward greater wealth in this country. Confidence in home ownership was shaken, and…

Phoenix Housing Market Report for November 2014

From ARMLS: The Phoenix housing market report provides a timely view of what is happening in the residential market in the Valley. Unlike statistics compiled by other entities,…

2015: Year of the First-Time Home Buyer

First-time home buyers are expected to re-emerge in the new year after mostly staying out of the market in the aftermath of the housing crisis. That’s one of…

HAMP Borrowers Can Earn Extra $5K Reward

The government is throwing in more incentives to keep borrowers who modify their loans through the Home Affordable Modification Program (HAMP) current on their mortgages. HAMP borrowers who…

Mortgage Rates at Lowest Point Since May 2013

The 30-year fixed-rate mortgage sunk to a 3.89 percent average this week, its lowest level since May 30, 2013. That translates to more mortgage savings for home buyers…

Majority Unaware of Down-Payment Assistance

Seventy percent of adults in the U.S. say they’re unfamiliar with down-payment assistance programs for middle-income home buyers in their community, according to a NeighborWorks America survey of…

Anthem Homes For Sale

Located at the base of Daisy Mountain, Anthem is a master-planned community that provides all the amenities, services and conveniences of urban life, yet offers the quiet pace…

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