According to a recent item on Global News Wire, Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey ® (PMMS) on May 15 showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. "The 30-year fix…
Even with new home sales rising thanks to builder incentives and a shift toward lower-priced homes, sky-high prices and economic instability continue to suppress overall housing market activity, according to a recent report in The Wal…
Construction Coverage just released the newest edition of its U.S. Cities With the Most Mortgage Refinances report, with data specific to the New York-Newark-Jersey City, NY-NJ metro. While mortgage refinances declined nationally by ne…
One of the lingering effects of the pandemic is the availability of new - often less expensive - condominium units for sale in buildings that experienced major construction delays and foreclosures during the crisis. While these otherwise we…
While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …
When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…
While experts predict an improvement in mortgage markets and builder outlook for the U.S. housing market in 2024, the number of new communities and existing home sales will be subject to a series of domestic and international issues. The ge…
With most home moves occurring between April and September, now’s the perfect time for homeowners to start preparing to sell their homes, according to the Northern Virginia Association of Realtors® (NVAR) which recently released six tip…
Whether you’ve tried to buy an apartment or sell one, the past year has been a difficult one. Expectations on both sides have yet to fall in line with the realities of the market - and interest rates haven’t helped the situation. On top of …
Amid roiling national and international political upheaval, the prohibitive cost of housing for all but the wealthiest homebuyers in nearly every US market remains a cause for great concern. In an October 15 statement, National Housing Conf…