The numbers: An index of pending home sales increased 1.6% in August, following July’s decline, the National Association of Realtors reported Thursday. Compared with a year ago, contract signings were up 2.5%. The index captures transactions where a contract has been signed, but the home sale has not yet closed. What happened: This is only the […]
Mortgage Rates Fall Slightly, Giving the Housing Market More Room to Grow
Mortgage rates moved lower after two straight weeks of increases, which should allow the housing market to remain strong as we shift into the typically slower fall months. The 30-year fixed-rate mortgage averaged 3.64% during the week ending Sept. 26, falling nine basis points from the previous week, Freddie Mac reported Thursday. In 2019, mortgage rates have […]
5 Indications That You Could, in Fact, Afford to Buy a House Now
So you’re ready to ditch your landlord and the noisy neighbors who live above you. But instead of seeking out another place to rent, have you considered (like, seriously considered) buying? We can point out 5 Indications That You Could, in Fact, Afford to Buy a House Now. For many people, purchasing a home is one of […]
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