News Category: Real Estate News

Thumbnail for 1417357

Mortgage Rates Rise Swiftly

The average 30-year, fixed mortgage rate is rising swiftly, at 4.38 percent this week, according to Freddie Mac's recently released Primary Mortgage Market Survey® (PMMS®). The average 30-year, fixed mortgage rate was 4.32 percent last week.

Concurrently, the average 15-year, fixed mortgage rate is 3.84 percent, up from 3.77 percent...

Read More
Thumbnail for 1416059

Appraisals Off by a Larger Margin

Appraisals are off by a larger margin, 0.6 percent below what was expected by homeowners in January, according to the latest Quicken Loans' National Home Price Perception Index (HPPI). The latest Quicken Loans National Home Value Index (HVI) shows appraised values rose 7.03 percent year-over-year.

Appraisals in January were an...

Read More