Learn more about this USDA loan product that helps relatively low-income households get safe and affordable financing.
Construction levels are rising above their historical averages in about one-third of the largest U.S. metros.
More Americans believe now is a better time to purchase a home than it was a year ago, but they anticipate some challenges.
In 2014, new homes sold for an average of $343,000 — more than double what they sold for in 1970. What’s really behind the dramatic…
Pending home sales rose in March for the third consecutive month, but economists caution that insufficient inventory and rising prices may keep…
Help prepare your buyers for the expenses they’ll face as home owners in order to prevent unexpected surprises after they’ve purchased.
Mortgage rates for 30-year fixed loans rose this week, with the rate borrowers were quoted on Zillow Mortgages at 3.61 percent on Tuesday, up 8 basis points from the same time last week. On Thursday morning, the national rate was at 3.71%.
However, the long-predicted rise in mortgage rates still appears to be on hold. After a report that economic growth slowed during the winter, the Federal Reserve signaled Wednesday it will not raise its benchmark interest rate in the near future.
According to Zillow Mortgages, the 30-year fixed mortgage rate rose early in the week, then hovered around 3.60 percent before rising to 3.61 percent Tuesday.
“Rates were essentially flat last week, remaining in the range they have been in for the past month,” said Erin Lantz, vice president of mortgages at Zillow.
A look at the broader mortgage rate trend for the past six months:
But credit tightened for borrowers with low down payments at end of year, according to the Zillow Mortgage Access Index Continue Reading →