Mortgage Rates Improve this Week
Mortgage rates dropped this week, preserving a range they’ve been in since May. Rates have remained in a range from 4.125% to 4.25%, and most of the day-to-day movement has been in closing cost adjustments.
Foreclosures up in May
Year-over-year, foreclosures have been falling in most areas. However, in May foreclosures were up compared to the April level. This is according to CoreLogic. Completed foreclosures numbered 47,000 in May, up by 2.8% over April, but down year-over-year by 9.4%.
Millennials to Make Housing Mark … maybe
A study report from Harvard’s Joint Center for Housing Studies says that Millennials could form 24 million new households by 2025. As the economy and job situations improve, Millennials are expected to come out of their student debt holes, improve their ability to get a mortgage, and start buying homes again. We’ll see … especially that improving economy part.
Mortgage Rates Improve this Week
Mortgage rates dropped this week, preserving a range they’ve been in since May. Rates have remained in a range from 4.125% to 4.25%, and most of the day-to-day movement has been in closing cost adjustments.
Foreclosures up in May
Year-over-year, foreclosures have been falling in most areas. However, in May foreclosures were up compared to the April level. This is according to CoreLogic. Completed foreclosures numbered 47,000 in May, up by 2.8% over April, but down year-over-year by 9.4%.
Millennials to Make Housing Mark … maybe
A study report from Harvard’s Joint Center for Housing Studies says that Millennials could form 24 million new households by 2025. As the economy and job situations improve, Millennials are expected to come out of their student debt holes, improve their ability to get a mortgage, and start buying homes again. We’ll see … especially that improving economy part.