top of page
Mortgage Mike
BLOG
Search


Increasing Inventory Gives Buyers More Time
In a competitive market, home buyers have to make big decisions fast. There's no time to deliberate when other interested buyers are...
Jul 10, 2024


Affordability Report Details Challenging Spring
ATTOM Data Solutions keeps a quarterly record of how affordable it is to buy a house based on monthly homeownership expenses for a...
Jul 9, 2024


Home Prices Track Last Year's Pattern
The S&P Case-Shiller Home Price Index has been tracking home prices for decades and is among the most closely followed measures of US...
Jul 8, 2024


National Median Mortgage Payment Falls
Home buyers got a bit of a break in May, according to new numbers from the Mortgage Bankers Association. The MBA tracks mortgage payments...
Jul 3, 2024


Slow Spring Market May Mark Turning Point
The number of contracts to buy homes signed in May fell 2.1 percent from the month before, according to new numbers from the National...
Jul 2, 2024


How Many Buyers Get Down Payment Help?
Coming up with a down payment can be an obstacle for some buyers, especially in the aftermath of pandemic-era price increases. Buying a...
Jul 1, 2024


Is Buying A Home About To Get More Affordable?
Each month, Fannie Mae's Economic and Strategic Research Group releases an outlook covering its expectations for the economy and housing...
Jun 28, 2024


Homes For Sale Nearly 20% Higher Than Last Year
New numbers from the National Association of Realtors show the inventory of homes for sale was up another 6.7 percent in April, pushing...
Jun 26, 2024


How Much Does It Cost To Sell A House?
Most people are familiar with at least a few of the upfront costs of buying a home. Very few, for example, will be surprised to find out...
Jun 25, 2024


Jun 24, 2024


Price Cuts In May Were Highest In Six Years
When inventory's tight and the market's competitive, you don't see many price cuts on listed homes. Only in cases where a home has issues...
Jun 19, 2024


Survey Finds Support For Building More Homes
A new survey from the National Association of Home Builders found that a majority of respondents know what the housing market's main...
Jun 18, 2024
Credit Availability Increases For 5th Straight Month
The typical home buyer doesn't pay much attention to fluctuating lending standards or the number of available loan programs. They aren't...
Jun 17, 2024
Americans Say It's Still Time To Sell
The housing market was good for home sellers before the pandemic and became even better after it. The number of homes available for sale...
Jun 14, 2024


Expert Panel Sees Home Prices Moderating
The combination of rising mortgage rates and continued price increases have made buying a home more challenging over the past year or...
Jun 12, 2024


How Much Has Price Per Square Foot Risen?
Square footage isn't always the best way to measure a home's value. The price for two homes with the exact same square footage can be...
Jun 11, 2024


Number of Homes For Sale At Four-Year High
How many homes there are available for sale affects both home buyers and sellers. For buyers, climbing inventory is good news and means...
Jun 10, 2024


Housing Outlook Says Activity Depends On Rates
Each month, Fannie Mae's Economic and Strategic Research Group releases an outlook detailing its expectations for the housing market and...
Jun 7, 2024
Fewer Home Buyers Signed Contracts In April
The number of signed contracts to buy homes can be a good indicator of where home sales are headed. After all, there are several weeks...
Jun 6, 2024


Recent Buyers Say Maintenance Is Main Issue
When you own a home you're responsible for everything from the front lawn to the furnace. It's your job to keep things maintained and...
Jun 5, 2024
bottom of page
