2015 Modernization Mortgage New Listings 
Housing Wire
MARCH 6, 2023
The housing market faced some serious obstacles last week as the 10-year yield broke over 4%, mortgage rates rose to over 7%, purchase apps fell again and we are still trying to find the elusive seasonal bottom for housing inventory. Here is a quick rundown of the last week: Purchase application data was down 6% weekly. 1 song of the year.
Will Springer Realtor
AUGUST 11, 2023
NAR’s Housing Affordability Index is a good measure of whether a household earns enough to qualify for a mortgage on a typical home. None of the Seattle-area counties were on the list. >> King County new listings fell 13% from June to July (2158), led by a 20% slide in Seattle (690).
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Will Springer Realtor
MAY 13, 2024
MAY HOUSING UPDATE Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. This is welcome news for both buyers and sellers, as most lenders will deny mortgage applications on a condo in active litigation. 2015-built, 2-story home (with basement) along 63 ft.
Will Springer Realtor
APRIL 8, 2021
The boost in equity was helped most simply by saving more while in “pandemic hibernation” and from many homeowners refinancing mortgages amid generationally low interest rates. >> >> Through February, the number of existing home listings across the U.S. of all mortgages in the country. There are 2.54
Will Springer Realtor
JULY 8, 2022
This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%
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