Ā Freddie MacĀ (OTCQB: FMCC) today released the results of itsĀ Primary Mortgage Market SurveyĀ®Ā (PMMSĀ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.49%.āThe average 30-year fixed mortgage rate was little changed this week at 6.49%ā said Sam Khater, Freddie Macās Chief Economist. āRates have remained relatively stable over the last six weeks. Meanwhile, purchase activity eased modestly and refinance activity has continued
The long list of spiraling costs includes property taxes, insurance, maintenance and home improvements.For many Americans, the math of homeownership doesnāt add up any more.A home buyer in 2019 could expect to spend about $20,000 a year on basic homeownership expenses: mortgage payments, property taxes, insurance, maintenance and repairs, according to data from Intercontinental Exchange and home-services marketplace Angi.By 2025,
Ā Freddie MacĀ (OTCQB: FMCC) today released the results of itsĀ Primary Mortgage Market SurveyĀ®Ā (PMMSĀ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.52%.āThe 30-year fixed-rate mortgage averaged 6.52% this week,ā said Sam Khater, Freddie Macās Chief Economist. āStronger employment momentum has helped existing home sales reach a five-month high. Importantly, we're seeing homebuyers look past the short-term rate fluctuations
From small styling tweaks to smarter daily rituals, here are some simple ways to refresh your kitchen.The meals you cook naturally shift with the seasons. As the weather warms up, slow-braised dishes and hearty stews give way to grilled cuts, while roasted veggies turn into fresh, crisp salads.It only makes sense that your kitchen follows suit. A refresh doesnāt have to mean a full gut renovationāin fact, designers say that some of the most i
Existing-home sales perked up last month, with sales rising to the highest level in five months.Improving affordability is bringing more home buyers back into the market, giving home sales a solid boost in May.Existing-home salesāwhich includes single-family homes, townhomes, condos and co-opsārose 3.2% last month compared to Aprilās mostly stagnant sales, the National Association of REALTORSĀ® reported on Tuesday. Annually, home sales also
The labor market is strengthening, with 172,000 net new jobs in May. Moreover, the upward revisions to the prior monthsā data show cumulative job gains of 565,000 over a three-month periodāamong the strongest in recent years. The healthcare sector has been consistently adding jobs at a solid pace. On the other hand, both federal and state government jobs have been falling. In addition, attesting to recent yearsā softness in home sales, empl
This Memorial Day, we remember and honor the brave men and women of the United States Armed Forces who have provided courage, dedication, and selflessness for our country and are the foundation of the freedoms we enjoy every day. Itās important to reflect on the true meaning of Memorial Day that is a day of remembrance, gratitude, and respect for those that have sacrificed everything.At iPro, weāre proud to serve communities built on strength
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market SurveyĀ® (PMMSĀ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.51%.āThe 30-year fixed-rate mortgage averaged 6.51% this week,ā said Sam Khater, Freddie Macās Chief Economist. āAs rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially s
NARās chief economist says ācautious optimismā is emerging as the real estate market shakes off some economic headwinds.Pending home sales rose last month, building on Marchās modest gains and helping to reverse what had been a sluggish start to the spring housing market.By even some economistsā accounts, the latest uptick in pending home salesāalong with a recent rise in new home salesāmay be coming as a surprise.āBuyers are comi
