“Sales activity from U.K. buyers could very well subside over the next year depending on how severe the economic fallout is,” Yun said. “However, with economic instability and political turmoil outside of the U.S. likely to[...]
Back in January, we said the housing market was about to become more competitive, and indeed it has. June 2016 marked the fastest, most competitive housing market since Redfin began tracking these metrics in 2009.
In June, the typical[...]
Mortgage rates hit a new 2016 low last week, falling to 3.41 percent in the wake of the Brexit vote. Home loans haven’t been this cheap in three years and are flirting with the record-low 3.31 percent reached in November 2012, according to[...]
Employers created 287,000 jobs in June, the biggest jump in eight months and a spectacular number that surprised nearly everyone. More people found work or started looking for work.The Labor Department’s monthly employment report[...]
Mortgage rates held near their 2016 low last week, averaging 3.42 percent for a 30-year, fixed-rate loan. That’s up from 3.41 percent the week before. A year ago, rates averaged 4.09 percent, according to Freddie Mac’s weekly survey.[...]