housing costs

Is El Paso a Good Place to Live? 10 Pros and Cons to Consider

Is El Paso a good place to live? From affordable living to extreme weather, here are 10 pros and cons to look out for.

Is Washington, DC a Good Place to Live? 10 Pros and Cons of Living in the District

Before deciding whether Washington, DC is a good place to live for you, we shed a little light on what it’s actually like to live and work in the home of US politics. Here’s 10 pros and cons of living in the District.

The post Is Washington, DC a Good Place to Live? 10 Pros and Cons of Living in the District appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Mortgage activity is up for the third straight week

Mortgage applications came in higher again last week, as more consumers took advantage of another pullback in mortgage rates, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of weekly loan volume based on surveys of association members, increased 3% on a seasonally adjusted basis for the seven-day period ending March … [Read more…]

Median Down Payment on a House Falls to 10%, Down from 14% a Year Ago

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.

Is Bothell a Good Place to Live?

Looking to move to Bothell? Check out 13 pros and cons of living in this area

The Condo Conundrum: Buying vs. Renting – A Guide to Making the Right Choice

Should you buy or rent a condo? Our guide explores the pros and cons, financial considerations, and factors to consider in any city

The post The Condo Conundrum: Buying vs. Renting – A Guide to Making the Right Choice appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Mortgage reperformance bearing up, other consumer debt woes rising

Most distressed mortgages emerged from workouts intact in February but the chargeoff rates for auto loans and credit cards are up, in part due to steep housing costs that have contributed to high levels of household leverage. The majority or 76% of borrowers who completed post-forbearance workouts on distressed homes loans from 2020 on were … [Read more…]

Is Kent a Good Place to Live? Pros and Cons to Consider

Considering a move to Kent? Check out these pros and cons to living in Kent, WA

Is Irvine, CA a Good Place to Live? 10 Pros and Cons to Consider

Moving to a new area can be a great way to start fresh and explore new opportunities, and if you’re considering living in Irvine, California, prepare yourself for sunny days, beautiful beaches and at times, traffic that will make you want to pull your hair out. If you’re thinking about moving to the area, there …

Is Irvine, CA a Good Place to Live? 10 Pros and Cons to Consider Read More »

The post Is Irvine, CA a Good Place to Live? 10 Pros and Cons to Consider appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.