Low housing inventory a win for homebuilders
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage at 6.42% as of March 23, down 18 basis points from the previous week.
Good news: Today’s 30-year mortgage rates tumble below 6% | March 23, 2023 Fox Business
Down payments are falling as the housing market slows and competition wanes. A new report from Redfin revealed that the median down payment in January 2023 was 10%, down from 13.6% a year earlier and well off the pandemic-era peak of 17.5% last May. They are now similar to levels seen between 2015 and early… Read More »Median Down Payment on a House Falls to 10%, Down from 14% a Year Ago
The post Median Down Payment on a House Falls to 10%, Down from 14% a Year Ago appeared first on The Truth About Mortgage.
John Grogan to retire after 31 distinguished years of service, Kamilah Williams-Kemp to succeed as Chief Insurance Officer effective July 1, 2023 MILWAUKEE, March 22, 2023 /PRNewswire/ — Northwestern Mutual Chairman, President and CEO John Schlifske today announced senior leadership changes that position the company for long-term success by providing growth and development opportunities for … [Read more…]
Low-interest federal loans available through US Small Business Administration for those hit hard in Pasadena by January 24 tornado KTRK-TV
The federal government spends about a third of its money on health programs and services. Here’s where the money goes.
To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%.
VA Home Loan Changes, GI Bill Benefits Among Help for Veterans in Year-End Bills Signed by Biden Military.com