Existing home sales will drop to 4.78 million in 2023, NAR predicts
In addition to a further drop in existing home sales, Yun said he expects the annual median home price to rise just 0.3% next year to $384,500.
Mortgage Rates
How much do you need to earn annually to afford a house in Los Angeles?
You need to make more than $220,000 a year now to afford a house in Los Angeles, thanks to rising mortgage rates and inflation.
Pending home sales rise to cap otherwise disappointing year
U.S. pending home sales unexpectedly rose in December for the first time in seven months, wrapping up an otherwise poor year for a housing market battered by higher mortgage rates. The National Association of Realtors index of contract signings to purchase previously owned homes increased 2.5% last month to 76.9, according to a release Friday. … [Read more…]
Inflation slows to 7.1% in November, a boost for the housing market
Slower-than-expected inflation rate is good news for the housing market, which has suffered greatly from the affects of rate hikes.
30-Year Fixed Mortgage Rates Up Slightly
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.47 percent, up from 3.46 percent.
Today’s Refinance Rates: January 30, 2023âRates Remain Mostly Stable – Forbes
Today’s Refinance Rates: January 30, 2023âRates Remain Mostly Stable Forbes
Housing Market Tracker: Housing inventory falls once more
The Housing Market Tracker shows that housing inventory decreased by 6,468 units, a more pronounced decline from the previous week.Â
Cosigners and Mortgage
Cosigners and Mortgage is a post from Pocket Your Dollars.
How many times can you use a VA loan?
How many times can you use your VA loan benefit? You can use your VA home loan benefit as many times as you want. But, with some rare exceptions, you […]
The post Blog first appeared on MilitaryVALoan.com.
Pay off debt or invest: Which is smarter?
Big payments on credit card debts, student loans and mortgages eat away at how much you can save or invest. A sense of obligation or even guilt can dissuade people from opening an investment account and funding their retirement portfolios before these debts are paid off. That could be a costly mistake.Lots of people make a mistake when they pay off debt before investing. Here’s when to tackle your debt first, and when to invest before digging out of debt.
The post Pay off debt or invest: Which is smarter? appeared first on Money Under 30.