Fannie Mae Sees Lower Rates, More Sales in 2024
Fannie Mae's Economic and Strategic Research Group releases a monthly outlook covering what the group believes is ahead for the economy...
top of page
Mortgage Mike
BLOG
Search
- 6 days ago
New Home Construction Rises Again
There aren't as many homes for sale as there used to be. In fact, the inventory of previously owned homes available for sale has seen...
- Dec 1
Average Mortgage Rates Fall To Two Month Low
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell to a two-month low last week....
- Nov 30
Sales of Existing Homes Slipped
Sales of previously owned homes fell 4.1 percent in October from one month earlier, according to new numbers from the National...
- Nov 29
Mortgage Credit Availability Increased In October
The standards lenders use to determine whether or not a borrower is eligible for a mortgage aren't fixed. That means getting approved for...
- Nov 28
How Far From Home Do You Plan To Move?
At some point, everybody fantasizes about moving far away from home, whether to another city in the same state, a whole different state,...
- Nov 15
How Many Metros Saw 3rd Quarter Price Gains?
Housing market conditions can vary from one location to the next. What's true in one area may not be in another. That's certainly the...
- Nov 14
Home Buyer Interest Increases Despite Challenges
Current housing market conditions present some challenges for prospective home buyers. Elevated mortgage rates and home prices – combined...
- Nov 13
Mortgage Rate Drop Biggest Since July 2022
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates fell across all loan categories last...
- Nov 10
63% Of Americans Say Now's A Good Time To Sell
Fannie Mae's monthly Home Purchase Sentiment Index measures how Americans feel about the housing market and overall economy. Based on a...
- Nov 8
Housing Market Report Finds Unusual Trend
October is the first full of month of fall and a time when more than just the weather cools off. Typically, the housing market does too....
- Nov 7
National Median Mortgage Payment Decreases
There are a lot of numbers to keep track of when you're a home buyer trying to figure out how much you can afford. There's the price of...
- Nov 6
Home Price Data Shows Continuing Increases
The double-digit home price increases seen a couple of years ago have subsided, but that doesn't mean prices aren't still increasing. In...
- Oct 30
What's Ahead For The Housing Market In 2024?
As the end of another year approaches, it's only natural that we begin to look ahead. After all, there's no better time to start planning...
- Oct 27
Pending Home Sales Improved In September
The National Association of Realtors' Pending Home Sales Index measures the number of contracts to buy homes signed each month. Because...
- Oct 25
Couples Use Wedding Registry For Home Buying Help
Coming up with an adequate down payment can be difficult for any home buyer. It's especially tough, though, for first-time buyers....
- Oct 23
Number Of Homes For Sale Improves
The National Association of Realtors' most recent measure of existing-home sales found the inventory of available homes for sale improved...
- Oct 20
New Home Construction Rises Unexpectedly
Home builders had a good summer. With fewer existing homes for sale, the new home market was hot. But as summer faded into fall, it began...
bottom of page