Applications for mortgages, refinancing spike amid low interest rates The Washington-based group said its index on refinancing applications fell 2.9 percent to 1,288.0 in the week ended Jan. 26 as average interest rates on 30-year mortgages rose to their highest level since March.
· According to realtor.com, “the share of homes which had their prices cut increased by 2% compared to last year”. Thirty-seven out of the 50 largest US housing markets saw an increase in overall price reductions. In today’s market, you need an expert.
2 Things You Need To Know To Properly Price Your Home. In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers.
2 Things You Need to Know to Properly Price Your Home Mortgage Insurance: What Exactly Is It And How Does It Help Borrowers? Five months earlier, she had received a certified letter from a company she’d never heard of, Reverse Mortgage Solutions. five minutes into the ad, Boone does disclose that borrowers must pay.