The average rate for a 30-year, fixed-rate mortgage inched up slightly this week but remains below 3% at 2.99%, according to Freddie Mac’s Primary Mortgage Market Survey.
That’s up from 2.95% last week but down from 3.18% a year ago.
“Home prices continue to accelerate while inventory remains low and new home construction cannot happen fast enough,” says Sam Khater, chief economist for Freddie Mac, in a statement. “There are many potential homebuyers who
I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
