top of page
Mortgage Mike
BLOG
Search


Buyers Continue To Outpace Homes For Sale
The number of contracts to buy homes signed in March was 5.2 percent lower than the month before, according to new numbers from the...
May 3, 2023


New Home Construction Offers Hope For Housing
The number of new homes under construction can be a good indicator of housing market health. After all, home builders aren't likely to be...
May 1, 2023


Bidding Wars Most Likely For Affordable Homes
The type of home you're shopping for may determine how much competition you face from other home buyers this spring, according to one new...
Apr 26, 2023


Majority Of Homes Still Sell In Under A Month
New numbers from the National Association of Realtors show 65 percent of homes sold in March were on the market for less than a month....
Apr 25, 2023


Rates Bump Up After Hitting Two-Month Low
According to the Mortgage Bankers Association's Weekly Applications Survey, average mortgage rates moved higher last week. Rates were up...
Apr 24, 2023


Index Finds First Quarter Home Prices Up 4.7%
The pace of home price increases continues to slow, according to a new quarterly report from Fannie Mae. The report found price increases...
Apr 20, 2023


Is Housing Inflation Beginning To Cool?
Nobody wants to pay more for things they could've gotten for less had they bought them a few months earlier. That's what happens when...
Apr 19, 2023


Fixer-Uppers Gain Popularity With 1st-Time Buyers
The appeal of a turnkey home is obvious. After all, buying a house that doesn't require much, if any, work is a dream come true for most...
Apr 18, 2023


Housing Market Optimism Is Growing
Fannie Mae's Home Purchase Sentiment Index is based on a monthly survey of Americans. The survey asks participants for their view of the...
Apr 17, 2023


Now Is The Housing Market's Busiest Time Of Year
Whether you're a homeowner with a home to sell or a buyer hoping to find a home to buy, spring is a good time to do it. It's the housing...
Apr 14, 2023


Survey Says Home Staging Helps Sellers Sell
Everybody wants their home to look great when they put it up for sale. After all, the better it looks, the more likely it'll sell quickly...
Apr 10, 2023


Latest Measure Finds Mortgage Payments Up
There are a lot of numbers to remember when calculating how much it'll cost to buy a home. There's the price of the house, your mortgage...
Apr 7, 2023


Spring Market Largely Dependent On Rates
Early spring is traditionally when the housing market picks up and home buyers start shopping for a house to buy. So far, this year looks...
Apr 5, 2023


Affordability Conditions Improved During 1st Quarter
Calculating how much house you can afford involves a few factors. You have to take into account how much you make, the price of the...
Apr 4, 2023


Home Price Increases Continue To Slow
Home Price Increases Continue To Slow When it comes to affordability, prospective home buyers have their eye on two things: mortgage...
Apr 3, 2023


New Home Sales Continue To Improve
New numbers from the U.S. Census Bureau and the Department of Housing and Urban Development show new home sales rose again in February,...
Mar 30, 2023


Spring Housing Market Could Be Competitive
February definitely isn't spring, but it is the month when the spring housing market begins to ramp up. So what does February's data tell...
Mar 29, 2023
bottom of page






