Mortgage demand grows, driven by sales of new homes

PUBLISHED WED, JUN 28 20237:00 AM EDTUPDATED 6 HOURS AGO Diana Olick A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois.Scott Olson | Getty Images Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly
Read MoreLending Standards Are Not Like They Were Leading Up to the Crash

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage Bankers Association (MBA) re
Read MoreWhy Homeownership Wins in the Long Run

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership whe
Read MoreThe True Cost of Selling Your House on Your Own

Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you
Read MoreHomeownership Helps Protect You from Inflation [INFOGRAPHIC]
![Homeownership Helps Protect You from Inflation [INFOGRAPHIC],kcm crew](https://img.chime.me/image/fs/chimeblog/wp-migration/9519/20260608/16/w600_original_3e10902559ab425ba8342ad400a30879.png)
Some Highlights Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of la
Read MoreWhat Homebuyers Need To Know About Credit Scores

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine you
Read More17 Dad Joke One-Liners That’ll Have You Groaning (Real Estate Version)

By Lighter Side Staff The might just be the best (or worst?) dad joke one-liners you’ll ever see — real estate related or not. Whether you’re being subjected to this type of humor on a daily basis, or remembering them with nostalgia this Father’s Day… enjoy! And to the dads reading this, Happy Fathe
Read MoreHow Many Pavilions Is Too Many Pavilions? For This Homeowner, Three Was Just Right

Julieann Shanahan spent $1.6 million to build a trio of these freestanding structures in the backyard of her Villanova, Pa., home By Nancy Keates June 14, 2023 4:00 pm ET Continue Reading… Visit my website at: https://www.anastasiakaufman.com/ Here’s my Facebook Account: https://www.facebook.com/Ana
Read MoreColors to Emphasize and Avoid in Your Home, According to a Color Expert

An interior designer explains how to be intentional with color to boost your mood in every room. • JUN 13 2023 Painting your kitchen blue can ruin your appetite, while painting your bedroom red can prevent you from unwinding at the end of a long day. You may be thinking, “Hold on, but I just found t
Read MoreWeekly mortgage demand was flat, even as interest rates drop for the third straight week

PUBLISHED WED, JUN 21 20237:00 AM EDTUPDATED WED, JUN 21 20238:25 AM EDTDiana Olick The average rate on the most popular mortgage, the 30-year fixed, fell for the third straight week, but demand for mortgages didn’t move much. Continue Reading… Visit my website at: https://www.anastasiakaufman.com/
Read MoreEco-Friendly, Energy-Efficient Homes Attract Buyers

Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtor
Read MoreWhy the Median Home Price Is Meaningless in Today’s Market

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel
Read MoreSaving for a Down Payment? Here’s What You Need To Know.

If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may be because you believ
Read MoreJUST SOLD: 130 Bear Hill Road, Unit #305, Cumberland, RI 02864

Condominium – Townhouse 130 Bear Hill Road, Unit #305, Cumberland, RI List Price: $439,900 Sale Price: 440,000 Total Rooms: 5 Bed: 2 Full Bath: 2 Half Bath: 1 PRISTINE, BEAUTIFUL TOWNHOUSE!
Read MoreHow Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]
![How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC],kcm crew](https://img.chime.me/image/fs/chimeblog/wp-migration/9519/20260608/16/w600_original_32a454e09d9a47caab027d68d73d4328.png)
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow signif
Read MoreWhy Buying or Selling a Home Helps the Economy and Your Community

If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrate
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By Lighter Side Staff One of the biggest misconceptions about real estate agents is that they’re all rolling in dough.The truth is, no matter how successful an agent is, they all go through periods of time where they have to scrimp and save between closings. Agents only get paid when (and if!) they
Read More This map shows how much money renters in every state need to earn to afford a 2-bedroom apartment

PUBLISHED WED, JUN 14 20232:40 PM EDTUPDATED 4 HOURS AGO Annie Nova@ANNIEREPORTER View Press | Corbis News | Getty Images Rent prices in the U.S. are now out of reach for many low-wage earners. Continue Reading… Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/ Anastasia Kaufman
Read MoreWhy economists say it’s a near certainty that housing inflation will soon fall

PUBLISHED WED, JUN 14 20238:48 AM EDTUPDATED WED, JUN 14 20239:57 AM EDTGreg Iacurci@GREGIACURCI Richard Newstead | Moment | Getty Images Housing is perhaps the most consequential category in the consumer price index, a key inflation barometer. As the largest expense for an average U.S. household, s
Read MoreMortgage demand surges as interest rates ease off recent highs

PUBLISHED WED, JUN 14 20237:00 AM EDTUPDATED WED, JUN 14 20237:29 AM EDTDiana Olick A “For Sale” sign outside a house in Albany, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a d
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